With the approaching elections EURUSD direction is mostly determined by the news over elections.
The support rests at 1.18270 with resistance at 1.18770 which both lines are above the weekly pivot point at 1.18150. 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 showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The support level breakthrough will push the price down towards the lower Bollinger band at 1.18000; otherwise, the price growth will continue.
