Macro data updates from Europe and US had mixed outcome and today there are no high impact headlines but the Germany Ifo Business Climate report.
The support rests at 1.13280 with resistance at 1.13510 which both lines are above the weekly pivot point at 1.12890. The EMA of 10 is moving with bearish bias in the ascendant channel and it is below the EMA 100 and the EMA of 200. The RSI is moving on 50 level and the Stochastic is moving in low ranges. The MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
EURUSD is fluctuating within the support and resistance area. The resistance level breakout may push the price higher towards 1.139.
