The EUR/USD showed a mixed background. On the one hand, Germany 10 years government bonds yield increased relative to their counterparts (the US and the UK) which increased the attractiveness of European assets. On the other hand, the growth of "risk appetite" is a negative factor for the euro as a funding currency.
The first support lies at 1.1150 and then at 1.1050. The first resistance stands at 1.1260, the next one is at 1.1350.
The price is in the Ichimoku Cloud and it is above the Chinkou Span. The Tenkan-sen and the Kijun-sen show a horizontal movement forming a “Dead Cross”.
The MACD indicator is in a neutral territory. The price is decreasing.
If the price fixates below the support 1.1150, it may continue the downward trend in the short term. The potential target is 1.1050. The potential growth targets are the resistance levels: 1.1260 and 1.1350.