USD was empowered by the economic reports but the EUR bulls did not allow a sharp price decline.
The support rests at 1.10250 with resistance at 1.10570 which the weekly pivot point at 1.10400 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is rising towards overbought area, the Stochastic is moving in low ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD will be climbing up Andrew’s Pitchfork targeting 1.10700.

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