EUR has been empowered by the industrial production data.
The support rests at 1.13080 with resistance at 1.13430 which both lines are above the weekly pivot point at 1.12650. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA 200 and the EMA of 100. The RSI is moving in overbought area and the Stochastic is moving in high ranges. The MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD will continue its bullish trend within Andres’ Pitchfork targeting 1.13600.