Yesterday EURUSD failed to break the resistance line and the JOLTs job openings unexpectedly fell despite the expectations for a rise.
The support rests at 1.12980 with resistance at 1.13340 which both lines are above the weekly pivot point at 1.12800. 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 above 50 level, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
We will remain bullish on this chart therefore buyers can target 1.13500.