There might be slower rate hikes due to US inflation data. ECB Press Conference will be the most influential factor for EURUSD today.
The support rests at 1.13600 with resistance at 1.13900 which the weekly pivot point at 1.13780 is located in between the lines. The EMA of 10 is moving with bullish in the horizontal channel and it is below the EMA of 100 and the EMA of 200. The RSI is rising towards the overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD may grow towards the upper Bollinger band at 1.14.
