EUR has been empowered by the better than forecasted reports.
The support rests at 1.17680 with resistance at 1.18100 which both lines are above the weekly pivot point at 1.17010. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is falling towards level 50, the Stochastic is showing upward momentum and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
The bullish pressure still remains. Buyers can be expecting 1.20000.