Today EURUSD may be volatile due to several economic reports such as Italian GDP Growth Rate and German Retail Sales. The US also publish Personal Spending and Income.
The support rests at 1.11160 with resistance at 1.11460 which both lines are below the weekly pivot point at 1.11750. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
The support line seems to be too strong to be broken; while considering pullbacks on the way buyers can target 1.11600.