It seems that EURUSD has started its correction pattern after the EUR empowerment due to the strong European yields.
The support rests at 1.17760 with resistance at 1.18190 which both lines are above the weekly pivot point at 1.16330. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and above the EMA of 100. 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.
Considering the correction pattern, EURUSD may rise towards 61.8 level of Fibonacci at 1.20 area.