Yesterday European stocks declined along with the US equities.
The support rests at 1.17570 with resistance at 1.17900 which both lines are above the weekly pivot point at 1.17450. 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 RSI is moving above 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.
EURUSD is trying to climb within Andrew’s pitchfork. Buyers can target 1.17950.
