The US stock market decline is giving more power to EUR.
The support rests at 1.12630 with resistance at 1.13990 which both lines are above the weekly pivot point at 1.12270. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving on 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.
The decline may continue towards the lower Bollinger band at 1.12350 but the bullish trend will continue afterwards.