There are no major economic reports in Eurozone today, the US will release Durable Goods Orders data.
The support rests at 1.17980 with resistance at 1.18570 which the weekly pivot point at 1.18390 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on level 50, the Stochastic is showing downward momentum and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
EURUSD is trying to consolidate within the Bollinger bands however the bullish pressure may push the price up towards 1.19000.