EUR has been supported by Euro-Zone’s Consumer Price Index.
The support rests at 1.13830 with resistance at 1.14300 which both lines are above the weekly pivot point at 1.13520. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and below the EMA of 200. The RSI is moving in overbought area, 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.
The price may grow towards the upper Bollinger band at 1.144 and then grow towards the previous high at 1.148.
