The European consumer price index remained unchanged.
The support rests at 1.11980 with resistance at 1.12830 which both lines are below the weekly pivot point at 1.12990. The EMA of 10 is moving with bearish bias in the horizontal channel and it is above the EMA of 200 and the EMA of 100. The RSI is falling towards oversold area, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
The support level breakthrough will push the price down towards 1.11200; otherwise EURUSD will be fluctuating within the colored area.