It is a holiday today in Germany and Switzerland and the Unemployment rate is declining in the US.
The support rests at 1.21630 with resistance at 1.22470. The weekly pivot point at 1.22140 is located between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The Stochastic is moving in high ranges, the RSI is moving on level 50 and the ADX is showing buy signal. The MACD indicator is in neutral territory.
The resistance level breakout will pave the way for further growth towards 1.23200; otherwise, EURUSD will be fluctuating within the support and resistance lines.