EUR has been moving strongly against USD over the last recent days and today there are no major economic reports in the US.
The support rests at 1.11460 with resistance at 1.11700 which both lines are above the weekly pivot point at 1.11110. 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.
The bullish trend may continue targeting 1.12300.