Germany’s gross domestic product came out flat and today there are no major economic reports in Eurozone.
The support rests at 1.08520 with resistance at 1.08970 which both lines are above the weekly pivot point at 1.08300. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving above 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
EURUSD is growing up towards level 50 of Fibonacci at 1.09300.