While there are no major economic reports in Eurozone and the US, EURUSD is massively under the influence of news over Us-China deal and Brexit.
The support rests at 1.11390 with resistance at 1.11660 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 low ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The market is moving slowly and it seems that the price is trying to consolidate below the resistance line. Price fluctuation can be expected within the support and resistance lines.
