EURUSD is moving with bullish bias and today the existing home sales data from the US is the only influential even for this pair.
The support rests at 1.17940 with resistance at 1.18500 which both lines are above the weekly pivot point at 1.17760. 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 in overbought area, the Stochastic is showing upward momentum and the MACD line is above the signal line in the positive territory. The ADX is showing buy signals.
Long positions are recommended towards 1.19.

eurusd analysis