While EURUSD was going up regarding the Fed’s decision, the pair went under pressure due to the geopolitical tensions.
The support rests at 1.23100 with resistance at 1.23580 which the weekly pivot point at 1.23190 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it has reached the EMA of 100; they are both above the EMA of 200. The RSI is rising towards the overbought area, the Stochastic is showing upward momentum and the MACD indicator is in the positive territory. The ADX is showing buy signal.
The resistance level breakout will smooth the way for further growth towards 1.24; otherwise, it will fall towards 1.22 area.

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