Ella 
EUR/USD lost momentum for the fourth consecutive day in early European trading on Tuesday. A rebound in the U.S. dollar triggered a decline in the pair. The exchange rate is currently trading at 1.1028, down 0.07% on the day.
Technically, EUR/USD maintains a negative outlook as price trades below the key 100 hourly EMA. However, the 14-day RSI is in bearish territory below 50, indicating that the euro may fall further.
Key support focuses on the confluence of the bottom of the Bollinger Channel and the psychological integer mark at 1.1000. The next support lies at the 100 hour EMA at 1.0973. Further below, the lower support is at 1.0929 (low on December 20) and 1.0888 (low on December 15).
On the upside, short-term resistance lies at the December 29 high of 1.1080. The next resistance will be the psychological level of 1.1100. The upper resistance focuses on 1.1139 (high on December 28) and 1.1240 (high on July 19).
