Germany’s Industrial Production supported EUR against USD which is under pressure due to US-China trade war.
The support rests at 1.11810 with resistance at 1.12270 which the weekly pivot point at 1.12010 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 200 and the EMA of 100. The RSI is moving on 50 level and the Stochastic is showing upward momentum. The MACD line is on the signal line in the neutral territory. The ADX is showing buy signal.
EURUSD is growing up towards 1.12500.