EUR has been empowered by Euro-Zone’s Sentix Investor Confidence Index.
The support rests at 1.10690 with resistance at 1.10950 which both lines are above the weekly pivot point at 1.10600. 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 on 50 level, 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 growth may continue towards the upper Bollinger band at 1.11100.