EUR bulls failed to break the resistance level at 1.13300 and today there is no major economic reports.
The support rests at 1.12310 with resistance at 1.12510 which both lines are below the weekly pivot point at 1.12640. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA 200 and the EMA of 100. The RSI is rising towards 50 level and the Stochastic is moving in middle ranges. The MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
EURUSD has reached 61.8 level of Fibonacci and it seems that the correction pattern is going to be made therefore long positions are recommended towards 1.12800.