There were no reports in the US and EUR tried to consolidate. Today there is not influential reports and it seems that EURUSD is on correction pattern.
The support rests at 1.20810 with resistance at 1.21500. The weekly pivot point at 1.20740 is located below the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The Stochastic is moving in middle ranges, the RSI is growing above level 50 and the ADX is not showing buy signal. The MACD indicator is in negative territory.
As long as the resistance line is not broken, sellers can target 1.20300.
