USD is rising higher due to the geopolitical issues and higher interest rates.
The support rests at 1.18270 with resistance at 1.18690 which both lines are below the weekly pivot point at 1.20020. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
EURUSD is under pressure therefore sellers can target 1.18.