EURUSD is under the influence of ECB decision regarding QE program towards the election in Netherlands and the Fed rate hike.
The support rests at 1.07160 with resistance at 1.07430 which both lines are above the weekly pivot point at 1.06310. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 100 and 200. The RSI is moving horizontally in the overbought area, the Stochastic is moving in high ranges and the MACD indicator is in positive territory. The ADX is showing buy signals.
EURUSD will continue its bullish trend targeting 1.0800.

eurusd analysis