It is funny that one of the highest yielding ccy of the world is still relatively weak. I don't think EUR vs USD rates spread justify this, I also believe that without shift or change in ECB policy it will be hard to push EURUSD much higher. For more bullish expansion ECB is the key.
Technicals:
Daily: - Bullish Ichimoku picture, but - Heikin-Ashi signals indecision and momentum loss (see haDelta+, haOscillator, candles). - A retest around Kijun Sen is possible (1,1060 +/-) - MACD has been in consolidation too for few days
4H: - Neutral Ichimoku. Price dipped down to Kumo, just pulled back to Kijun, which is a supp/res zone now. If no close above it, next sell signal can lead to bearish Kumo break. - A turndown here is likely -> see haDelta and haOscillator - EWO has been bearish already.