On Thursday EUR tried to cover the recent fall. EU inflation was in the negative area and core inflation was slightly better.
The support rests at 1.18270 with resistance at 1.18810 which the weekly pivot point at 1.18390 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and below the EMA of 100. The RSI is moving on level 50, 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.
EUR bulls are trying to reach the upper Bollinger band at 1.19000.