EUR has been empowered by the industrial production.
The support rests at 1.12660 with resistance at 1.12880 which both lines are above the weekly pivot point at 1.12500. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is rising towards overbought area, 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.
It seems that EURUSD is trying to find some consolidation within the support and resistance lines; however, the resistance level breakout will confirm the correction pattern towards 61.8 level of Fibonacci at 1.3200.