EUR has been empowered by Germany’s industrial production data.
The support rests at 1.09580 with resistance at 1.09880 which both lines are above the weekly pivot point at 1.09520. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is rising towards overbought area, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing buy signal.
The price may grow towards 1.10200.