There are no major economic reports in Eurozone and the US but the tensions between US and China and the unemployment rate are weighing on USD.
The support rests at 1.11050 with resistance at 1.11470 which both lines are above the weekly pivot point at 1.10410. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD line is below the signal line in the negative territory. The ADX is showing buy signal.
EURUSD is growing within the ascendant channel targeting the upper Bollinger band at 1.11800.

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