Despite disappointing jobless claims data in the US, EUR bulls failed to help the price grow due to lack of strong economic data in Eurozone.
The support rests at 1.13310 with resistance at 1.13510 which both lines are below the weekly pivot point at 1.14530. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA 100 and the EMA of 200. The RSI is moving in oversold area and the Stochastic is moving in low ranges. The MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
EURUSD may continue its bearish trend towards the lower Bollinger band at 1.300.
