The US initial jobless claims data dropped less than expected.
The support rests at 1.11970 with resistance at 1.12850 which both lines are above the weekly pivot point at 1.09630. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD is growing up towards 1.13000.
