The US rising bond yields stopped EUR from growing.
The support rests at 1.17720 with resistance at 1.18180 which both lines are above the weekly pivot point at 1.17540. The EMA of 10 is moving with bearish bias in the ascendant channel and it is below the EMA of 200 and above the EMA of 100. The RSI is falling down towards the 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.
Long positions are recommended towards 1.185.

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