EURUSD - Technical Analysis: Wednesday, 31/05/2017 05:54 GMT

The 1.1100 level managed to hold against the decline that the EURUSD pair showed recently, to head towards resuming the main bullish trend, waiting to surpass 1.1268 level to reinforce the expectations of heading towards 1.1400 on the near term basis.

Overall, the bullish trend will remain dominant supported by RSI positivity, reminding you that breaking 1.1100 will push the price to extend its bearish correction to 1.1000 direct.