The report on industrial production in Eurozone came better than expected.
The support rests at 1.19110 with resistance at 1.19830. The weekly pivot point at 1.19260 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is below the EMA of 100 and the EMA of 200. The Stochastic is moving in middle ranges, the RSI is moving on level 50 and the ADX is showing sell signal. The MACD indicator is in neutral territory.
While considering pullbacks on the way, EURUSD is growing up towards 1.20000.

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