EURUSD - Technical Analysis: Wednesday, 10/05/2017 04:56 GMT

The EURUSD pair continued to decline to move near the important support 1.0830, showing recovery attempts now supported by the positivity that started to appear on RSI, waiting the return of the bullish trend to dominate the intraday and short term trades, as our next target is located at 1.1050.

The ascending channel still organizing the expected bullish wave, noting that breaking 1.0830 will push the price to visit 1.0645 areas before attempting to rise again.