• EUR/USD rose on Monday as weaker-than-expected economic data from the U.S. and a missile test by North Korea over the weekend pressured the dollar.
   
• U.S. data on Friday showed a smaller-than-expected 0.4 percent increase in April retail sales from the previous month, while a disappointing report on consumer prices raised concerns about the retail sector and the broader economy.
   
• The greenback also ground after North Korea said it had successfully tested a new mid-to-long range missile able to carry a large-scale nuclear warhead.
   
• The currency pair, remains under bulls control unless until it trades above 1.0949 support level, therefore it is good to buy this pair on dips.
   
• To the upside, immediate resistance can be seen at 1.1012, a break above will take the pair towards next resistance level at 1.1090.
   
• To the downside, immediate support can be seen at 1.0949 levels, a break below will open gates towards 1.0884 levels.
  
  Resistance Levels
  
  R1: 1.1012 (38.2% Retracement level)
  
  R2: 1.1090 (23.6% Retracement level)
  
  R3: 1.1140 (Nov 4th high)
  
  Support Levels
  
  S1: 1.0949  (50% Retracement level)
  
  S2: 1.0884 (61.8%Retracement level)
  
  S3: 1.0837 (May 11th lows)