There has been the Unemployment Rate decline in Eurozone which reached the lowest level within the last 10 years. The Meeting Minutes from the Federal Open Market Committee supported EUR as well.
The support rests at 1.15290 with resistance at 1.15710 which both lines are above the weekly pivot point at 1.14010. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area and the Stochastic is moving in high ranges. The MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD may continue its bullish trend towards 1.1600.
