The weak Italian budget plans put EUR under pressure.
The support rests at 1.14100 with resistance at 1.14410 which both lines are above the weekly pivot point at 1.13950. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is falling towards the 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
While considering pullbacks on the way, EURUSD may grow towards 1.15.
