EUR/USD is moving across from a long term point of view. Recently, EUR/USD has been moving indecisively within a 90pips range centering at the key level of 1.12.
Currently, EUR/USD is moving between the support level of 1.10400 and the resistance level of 1.12750. As tomorrow is Assumption Day, French and Italian banks will be closed, thus expect lower than normal trading volume and price volatility.