Technical analysis of the EUR/USD for December/15

EUR/USD did not make significant movement yesterday, but basically still manages to keep the bullish bias. Signals remain up in the near future to test 1.1100 before triggering the trend line resistance, as can be seen in the chart. Immediate support is seen at 1.0980. A clear break below it can take the price to neutral trading zone testing 1.0925 but as long as price remains above 1.0800, I still prefer a bullish scenario at this phase. From a fundamental perspective, the focus today will be on the data of the ZEW economic sentiment in Germany and consumer prices in the US, but the most important event this week will be the Fed's decision on a possible rise in interest rates for the first time since 2006.