The demand for EUR increased when the weak US economic data was released. ECB Financial Stability Report will be published in Eurozone.
The support rests at 1.18740 with resistance at 1.19220 which both lines are above the weekly pivot point at 1.18560. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and 200. All indicators are showing bullish signals.
Buyers can target 1.19500.