The price of Euro versus the US Dollar is going down more than 3 weeks now. However, it seems, the downtrend is about to end. Today, the price has bounced off crucial support at 1.0994. So, we might see a reversal this week.
That being said, if this support zone can't hold the price, then the next support lies at 1.0880 Either way, I would be looking to buy at any of these support areas and hold my trades till the price goes back to 1.12 area.