The EURUSD jumped higher in its recent intraday trading and in the week’s opening, to reach the critical level at 1.1470, which represents the previous price target, supported by the emergence of positive signals from (RSI), despite its clear overbought conditions.
This rise came amid the total dominance of the main bullish trend on the short-term basis, and its trading alongside the main and minor trend line, with the continuation of the positive pressure due to its trading above EMA50.
