While USD is moving slowly, EUR is getting empowered by foreign exchange market and retail sales data.
The support rests at 1.10080 with resistance at 1.10360 which both lines are below the weekly pivot point at 1.10400. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below 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 above the signal line in the positive territory. The ADX is not showing any clear signals.
Considering the correction pattern, EURUSD may be targeting 61.8 level of Fibonacci at 1.11200.

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