The pair is trading in a short-term uptrend, above 1.1140 level. If the minutes of the ECB's December meeting published today show a lack of consensus on the prospects for a soft monetary policy of the regulator, this may push the pair to further growth.
The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is located above the 50% level and moves horizontally. Stoch are declining.
Trading recommendations:
If the price fixes above 1.1140, it may resume growth to 1.1200.