Ella 
During the Asian session on Friday, EUR/USD hovered below the psychological resistance of 1.1000 after retreating from a three-week high of 1.1012. EUR/USD has been underpinned by a less dovish tone from the European Central Bank compared with expectations for the Federal Reserve (Fed) to ease monetary policy in the first quarter of 2024.
The MACD indicator shows overall positive momentum as the MACD indicator is above its midline and signal line.
This bullish sentiment among EUR/USD bulls could push through psychological resistance towards a two-month high of 1.1017. The next resistance will be the important level 1.1050.
Additionally, the lagging indicator 14-day Relative Strength Index rose above the 50 mark, signaling confirmation of the underlying uptrend in EUR/USD.
On the other hand, EUR/USD is likely to find support at the main level at 1.0950, followed by the 7-day exponential moving average (EMA) at 1.0938.
If EUR/USD breaks below this level, EUR/USD may test the psychological support area near 1.0900 and further test the 23.6% Fibonacci level near 1.0884.
