The Philly Fed Manufacturing Index declined and jobless claims grew more than expected. USD is under pressure due to economic reports.
The support rests at 1.18400 with resistance at 1.19030 which both lines are above the weekly pivot point at 1.18050. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on level 50, the Stochastic is moving in high ranges and the MACD line is below the signal line in the negative territory. The ADX is showing buy signal.
EURUSD is growing towards the upper Bollinger band at 1.19680.
