EUR is getting empowered by the economic reports in Eurozone and USD is losing its strength against major pairs.
The support rests at 1.11160 with resistance at 1.11560 which both lines are above the weekly pivot point at 1.10990. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on the 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD is growing towards the upper Bollinger band at 1.11600.

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