The (EURUSD) price rose slightly in its recent intraday trading, attempting to recover some of its previous losses, and attempts to offload some of its clear oversold conditions on the (RSI), especially with the beginning of positive overlapping signals appearance.
This comes amid the stability of the price below 1.1150 level that represents 50% Fibonacci correctional level for the last bullish wave on the short- term basis (from 1.0730 to 1.1572), and under the dominance of the bearish correctional trend on the short- term basis and its trading alongside the bias line.
Origin: Economies
