EUR had a slight decline against USD yesterday and today the US will release PPI report.
The support rests at 1.11600 with resistance at 1.12160 which both lines are above the weekly pivot point at 1.10990. The EMA of 10 is moving horizontally in the descendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving on the 50 level, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
There might be a price growth towards the upper Bollinger band however EURUSD is trying to fluctuate within the support and resistance lines.