A bearish Dollar is helping EURUSD bull, it’s worth to mention that US retail sales and core CPI data was less than expected last Friday however, economic slowdown is getting better as Yellen told the market.
Technical price action of EURUSD is facing an important resistant 1.09811 and the higher high trendline also met there as you can see in the chart. A breakout of this level would be significant for EURUSD bull and 1.11231 is likely the next resistant zone.
On the other hand, Opening Gap high of May 8 would serve as double top, and market should have respect that. A fail to break 1.09811 would open door for the EURUSD to the major support 1.07603. But 1.0850 would play a vital support between them.
Check the chart.
(my prices and chart from tickmill, your broker could have different price range)