• The euro inched higher against the dollar in early US session after a weak report on U.S. productivity suggested the US economy may not be growing as quickly as anticipated weighted on the dollar.
   
• U.S. nonfarm productivity unexpectedly fell in the second quarter, data showed that productivity, which measures hourly output per worker, dropped at a 0.5 percent annual rate in the April-June period.
   
• However, further upside for this pair should be limited as the resistance level at 1.1161 levels should limit upside and bring decline back to the lower side.
   
• To the downside immediate support can be seen at 1.1090, a break below this level will open the door towards next level at 1.1054.
   
• To the upside, immediate resistance can be seen at 1.1124, a break above this level would take the pair towards next resistance level at 1.1161.
  
  
  Resistance Levels
  
  R1: 1.1124 (50 % Retracement level)
  
  R2: 1.1161 (61.8 % Retracement level)
  
  R3: 1.1200 (Psychological levels)
  
  Support Levels
  
  S1: 1.1090 (50% Retracement level)
  
  S2: 1.1054 (38.2% Retracement level)
  
  S3: 1.1015 (23.6% Retracement level)