Yesterday EURUSD moved slowly due to lack of economic news.
The support rests at 1.22730 with resistance at 1.23350 which the weekly pivot point at 1.23100 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and below the EMA of 100. The RSI is rising above the 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD will continue its slow upward trend towards 61.8 level of Fibonacci at 1.24.

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