EUR has been moving strongly against USD.
The support rests at 1.11740 with resistance at 1.12210 which the weekly pivot point at 1.11860 is located in between the lines. 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 high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EUR is trying to push the price towards 1.12000 however it has already reached the upper Bollinger band, the correction pattern can be expected towards 1.11600.