There are no major economic reports in the US while EUR is being empowered by the economic data.
The support rests at 1.13240 with resistance at 1.13710 which both lines are above the weekly pivot point at 1.12970. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA 200 and above the EMA of 100. The RSI is moving in overbought area and the Stochastic is showing upward momentum. The MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
Long positions are recommended towards 1.13800.
