The US jobless claims dropped and EUR is getting empowered by the positive economic reports.
The support rests at 1.17770 with resistance at 1.18320 which the weekly pivot point at 1.17990 is located in between the lines. The EMA of 10 is moving horizontally in the horizontal channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on level 50, the Stochastic is moving in low ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
EURUSD is consolidating within the colored area. The resistance level breakout will confirm the price growth towards 1.19000.
