Today EURUSD will be volatile due to various economic reports being released in Eurozone and the US such as Euro Zone Business Confidence, Germany Inflation Rate and Unemployment Rate and the US CB Consumer Confidence.
The support rests at 1.13500 with resistance at 1.13940 which both lines are below the weekly pivot point at 1.14310. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is falling towards the oversold area, the Stochastic is moving in low ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
The resistance level breakout can push the price up towards the upper Bollinger band at 1.14, otherwise, EURUSD will continue its bearish trend towards 1.13.

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