Europe’s industrial production declined but European economic reports did not have a significant impact on the pair.
The support rests at 1.21130 with resistance at 1.21640. The weekly pivot point at 1.20960 is located below the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The Stochastic is moving in middle ranges, the RSI is falling towards level 50 and the ADX is not showing any clear signals. The MACD indicator is in negative territory.
EURUSD is growing up gradually targeting 1.22200.