EUR started the week in a strong manner which can be derived from the delay of the Brexit deadline. The news in the US is still moving around the election which Trump asked for recount.
The support holds 1.18370 with resistance at 1.19090 which the weekly pivot point at 1.18560 is located in between the lines. The EMA of 10 is growing within the ascendant channel and it is above the EMA of 100 and 200. The Stochastic is showing upward momentum, the RSI is falling towards level 50 and the MACD is moving in neutral territory. ADX is not showing any clear signals.
The indicators are not showing strong signals for bullish trend however buyers can expect 1.19000.
