European and British politicians negotiations on Brexit is weighing on USD.
The support rests at 1.10640 with resistance at 1.10910 which both lines are above the weekly pivot point at 1.10140. 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 in overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
While the price has reached the upper Bollinger band, there is a slight chance of price decline towards 1.1038, however, it seems that EURUSD continues its bullish trend towards 1.11300.