For the 24 hours to 23:00 GMT, the EUR declined 0.19% against the USD and closed at 1.1125 on Friday.
The US dollar rose against a basket of currencies, following better-than-expected US gross domestic product (GDP) data.
In the US, data showed that the preliminary annualised GDP advanced 2.1% on a quarterly basis in 2Q 2019, following a rise of 3.1% in the previous quarter. Market participants had expected the GDP growth to slow to 1.9%.
In the Asian session, at GMT0300, the pair is trading at 1.1132, with the EUR trading 0.06% higher against the USD from Friday’s close.
The pair is expected to find support at 1.1112, and a fall through could take it to the next support level of 1.1093. The pair is expected to find its first resistance at 1.1151, and a rise through could take it to the next resistance level of 1.1171.
Amid no major economic releases in the Euro-zone today, traders would keep an eye on the US Dallas Fed manufacturing index for July, set to release later in the day.
The currency pair is showing convergence with its 20 Hr moving average and trading below its 50 Hr moving average.
