Despite the fundamental pressure on Euro, EURUSD continued its bullish trend.
The support rests at 1.18210 with resistance at 1.19030. The weekly pivot point at 1.17540 is located below the lines. The EMA of 10 is moving with bullish bias in the descendant channel and it is above the EMA of 100 and below the EMA of 200. The Stochastic is moving in high ranges, the RSI is moving in overbought area and the ADX is showing buy signal. The MACD indicator is in positive territory.
Considering the bullish signs, EURUSD is targeting 1.19520.

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