Considering the Christmas holidays, EURUSD was quite volatile yesterday.
The support rests at 1.11120 with resistance at 1.11400 which both lines are above the weekly pivot point at 1.11050. 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 falling down towards 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD may complete the correction pattern growing towards 61.8 level of Fibonacci at 1.11470.

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