EUR bulls did not have enough strength to rise against USD. The European Inflation data came unchanged and the US consumer confidence came higher than expected but the economic data were ignored.
The support rests at 1.21230 with resistance at 1.21920. The weekly pivot point at 1.21040 is located in below the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The Stochastic is moving in low ranges, the RSI is falling towards level 50 and the ADX is not showing any clear signals. The MACD indicator is in neutral territory.
Considering pullbacks on the way buyers can target 1.22000.