The fears of the trade war is putting EURUSD under pressure.
The support rests at 1.23590 with resistance at 1.24260 which both lines are above the weekly pivot point at 1.23260. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on the 50 level, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The support area seems to be too strong to be broken therefore EURUSD will eventually rise towards 1.25.

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