EUR is in demand which is supported against USD. EURUSD growth is not determined by the fundamental data.
The support rests at 1.12960 with resistance at 1.13380 which both lines are above the weekly pivot point at 1.12330. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is moving in middle ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD is trying to grow within Andrew’s Pitchfork. Buyers can target the previous high at 1.14000.
