EURUSD is rising by the effect of critical support

The (EURUSD) rose in its last intraday trading, taking advantage of the stability of the critical support level at 1.1555, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, which prevented the price from recovering its previous losses, despite its affection by breaking a main bullish trend line on the short-term basis.

The negative pressure remains valid due to the continuation of its trading below EMA50, forming an extra load that might limit the chances of a strong recovery in the near-term basis, any potential rise needs confirmation for breaching significant resistance levels.