Yesterday EURUSD was quiet due to lack of economic reports. Today reports from Germany will influence the market and so does the US Consumer Confidence data.
The support rests at 1.17570 with resistance at 1.18230 which both lines are below the weekly pivot point at 1.18390. 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 RSI is moving on level 50, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing buy signal.
EURUSD is trying to grow towards the upper Bollinger band at 1.18800.