The US inflation data supported USD.
The support rests at 1.11220 with resistance at 1.11660 which the weekly pivot point at 1.11370 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 100 and above the EMA of 200. The RSI is moving on 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 trying to consolidate within the support and resistance lines however, buyers can target the upper Bollinger band at 1.11500.
