USD was empowered by the growth in stock market on Friday but the USD bulls did not stay on the chart much. Today ECB members will deliver a speech and later today FOMC members will speak.
US dollar failure to hit higher ranges along with the delay of Brexit negotiations put EUR on strength. EURUSD has started its growth after hitting low at 1.17446.
The pair is trying to find support on 1.18130 with resistance at 1.18610. The price is moving on the weekly pivot point at 1.18440. All indicators are showing strong bullish signs. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and 200.
Further growth can be expected targeting 1.19000.
