Euro-Zone’s Services PMI grew more than expected.
The support rests at 1.11680 with resistance at 1.12010 which the weekly pivot point at 1.11860 is located in between the lines. 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 on 50 level, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
EURUSD may grow towards the upper Bollinger band at 1.12200.