Last Friday USD was empowered by strong economic data. Germany Ifo Business Climate Index will be published in Eurozone.
The support rests at 1.10690 with resistance at 1.10930 which both lines are below the weekly pivot point at 1.11050. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA of 200 and below the EMA of 100. The RSI is moving in oversold 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 price has already reached the lower Bollinger band which limits further price fall. EURUSD may be targeting 1.11050.