Ella 
In the Asian market on Friday, the EUR/USD continued to decline, falling to around 1.0640. A stronger U.S. dollar is putting downward pressure on EUR/USD, which could be attributed to rising U.S. bond yields.
EUR/USD is likely to find key support near the six-month low at 1.0616, followed by support at the psychological 1.0600 mark.
On the upside, EUR/USD may face challenges around the psychological level of 1.0700, followed by the 21-day exponential moving average at 1.0735.
A clear break above this level would support Euro bulls exploring the area around the 1.0750 psychological barrier, followed by the 23.6% Fibonacci retracement level at 1.0772.
The MACD indicator remains below its midline and is closely connected to the signal line. This pattern indicates a state of equilibrium, meaning that the momentum of the asset price is relatively neutral, with no clear bullish or bearish sentiment bias.
However, EUR/USD momentum points to widespread bearish sentiment as the 14-day Relative Strength Index continues to trade below the 50 level.
