EURUSD - Technical Analysis: Monday, 29/05/2017 08:00 GMT

The EURUSD pair pushes negatively on the intraday basis to approach from testing 23.6% Fibonacci level at 1.1100, while RSI moves towards the oversold areas to support the chances of the return to resume the bullish trend again, reminding you that surpassing 1.1268 will confirm the continuation of the bullish trend in the coming period.

Thus, the price might witness some temporary decline before turning back to rise again, noting that breaking 1.1100 will push the price to head towards 1.1000 as a next correctional target.