The US economic data supported USD against EUR.
The support rests at 1.11710 with resistance at 1.11860 which both lines are below the weekly pivot point at 1.12180. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is moving below 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 showing sell signal.
The price has reached lower Bollinger band and it might decline towards 1.11500; the correction pattern will start soon towards 1.12000.