Ella 
In Asia on Wednesday, the EUR/USD tried to recover its losses from the previous trading day, rising slightly to around 1.0910. ECB President Christine Lagarde’s hawkish speech overnight provided some support for EUR/USD.
President Lagarde said at an event in Berlin that it was too early to declare a victory over inflation and that it was too early to bet on the euro/dollar based on short-term data.
EUR/USD technical indicators support the current uptrend. The 14-day Relative Strength Index is above 50, indicating rising bullish sentiment and signaling strength in EUR/USD.
Additionally, the MACD indicator is above its midline and above its signal line, suggesting that the EUR/USD pair may make another attempt at the psychological 1.1000 mark after hitting August highs at 1.1064.
On the downside, the psychological level of 1.0900 will form adjacent support, followed by the seven-day exponential moving average (EMA) of 1.0874, and then the next major level of 1.0850. If EUR/USD clearly breaks below this level, EUR/USD will test the area around the 23.6% Fibonacci level of 1.0841.
