EUR has been empowered by the producer price index.
The support rests at 1.12120 with resistance at 1.12390 which both lines are above the weekly pivot point at 1.12010. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA 200 and above the EMA of 100. The RSI is moving above 50 level and the Stochastic is showing upward momentum. The MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
EURUSD is growing up towards 1.12500.

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