The tensions between the EU Commission and Italy is weighing on EUR.
The support rests at 1.13610 with resistance at 1.14030 which both lines are above the weekly pivot point at 1.13520. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is rising towards the overbought area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The resistance level breakout will smooth the way for reaching the upper Bollinger band at 1.147, otherwise, EURUSD will decline towards the lower band at 1.133.
