USD is losing power due to healthcare reform bill issue and economic reports are not supporting this currency.
The support rests at 1.15300 with resistance at 1.15520 which both lines are above the weekly pivot point at 1.14420. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving in the overbought area, the Stochastic is showing downward momentum and the MACD indicator is in positive territory. The ADX is showing weak buy signals.
Considering pullbacks on the way, EURUSD is targeting 1.20 area.

eurusd analysis