The case of Italy and Europe is under investigation and today US’ ISM Manufacturing PMI will be an influential factor for EURUSD.
The support rests at 1.13160 with resistance at 1.13900 which the weekly pivot point at 1.13300 is located in between the lines. The EMA of 10 is moving horizontally in the descendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving above the 50 level, the Stochastic is showing upward momentum and the MACD line is on the signal line in the positive territory. The ADX is showing buy signal.
Long positions are recommended towards 1.141.

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