The (EURUSD) declined in its last intraday trading, due to the stability of the significant resistance level at 1.1440, attempting to gain a positive momentum that might assist it to breach the critical resistance, at the same time the pair attempts to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals appearance.
This performance comes amid the continuation of the bullish correctional trend on the short-term basis and its trading alongside a bias line, and the dynamic support remains valid due to its trading above its EMA50, reinforcing the chances for the prices attempts to rise again.