EUR is moving strong against the weak USD.
The support rests at 1.15750 with resistance at 1.16470 which both lines are above the weekly pivot point at 1.13910. 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 high ranges and the MACD line is on the signal line in the neutral territory. The ADX is not showing any clear signals.
While considering pullbacks on the way, EURUSD is growing within the ascendant channel targeting 1.17000.
