EUR/USD. June 23, 2020 – Euro could not overcome the level of 1.13 Yesterday, trading on the euro ended with an increase to the level of 1.1300. The reason for the growth of the EUR/USD pair was made by the statements of the White House economic adviser Larry Kudlow. The politician noted that in the USA there is no second wave of coronavirus diseases, which led to an increase in demand for risky assets. Today, the eurozone countries have submitted their reports on business activity in the manufacturing sector and the services sector. Eurozone PMI rose from 39.4 to 46.9 points, better than forecast. The index of business activity in Germany also showed growth: from 36.6 points to 44.6, which was higher than analysts' forecasts either. Such figures provided strong support for the European currency. In the afternoon, the US will publish business activity indexes in the manufacturing sector and services for June. Experts forecast growth from 39.8 to 48.0 points. You should also pay attention to data on new home sales in the USA for May: the forecast assumes an increase from 623 thousand to 640 thousand. The RSI indicator pushed off the resistance level and turned towards the neutral zone. This signals that the euro is limited by the level of 1.13, and during the day we can expect a corrective decline in the pair to the level of 1.1270.