The economic data in Eurozone could not lift EUR much against the weak USD.
The support rests at 1.14210 with resistance at 1.14650 which both lines are above the weekly pivot point at 1.14010. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving above the 50 level and the Stochastic is showing downward momentum. The MACD line is above the signal line in the positive territory. The ADX is showing weak buy signal.
EURUSD may decline towards 61.8 level of Fibonacci at 1.1375.
