The US poor economic data is putting USD under pressure against most major currencies.
The support rests at 1.11080 with resistance at 1.11380 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.
EURUSD may continue its bullish trend towards the upper Bollinger band at 1.11550.

eurusd