With EUR/USD closing lower the past week, further decline is expected in the new week. Support lies at the 1.1200 level. Further down, support comes in at the 1.1150 level, where a violation will aim at the 1.1100 level. A break of here will target the 1.1050 level. The daily RSI is bearish and pointing lower, supporting this view. Conversely, on the upside, resistance comes in at 1.1350 level, with a cut through here opening the door for more upside towards the 1.1400 level. Further up, resistance lies at the 1.1450 level, where a break will expose the 1.1500 level. All in all, EUR/USD remains biased to the downside on corrective pullback.