The price of (EURUSD) rose in its recent intraday trading, supported by the emergence of positive signals from the (RSI), after it declined from clear oversold levels, providing bullish momentum, reinforced by the continuation of the trading above the EMA50, besides the stability of the price with a bullish trend line on the short-term basis, alongside a minor supported bias.

This technical support pushed the pair to attack the critical resistance level at 1.1440, which represents an important technical barrier that might limit the next trend, where the price success to confirm breaching this level might open the way towards extending the bullish wave on the near- term basis.