USD went under pressure after the release of US labor market data and supported EURUSD for further growth.
The support rests at 1.22260 with resistance at 1.22890. The weekly pivot point at 1.21130 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 200 and the EMA of 100. The Stochastic is moving in high ranges, the RSI is moving in overbought area and the ADX is not showing any clear signals. The MACD indicator is in positive territory.
Buyers can expect further growth towards 1.23000.
