There have been no important economic reports to influence EURUSD.
The support rests at 1.07130 with resistance at 1.07430 which both lines are above the weekly pivot point at 1.07000. The EMA of 10 is moving with bullish bias along the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is falling close to 50 level, the Stochastic is showing upward momentum and the MACD indicator is in negative territory. The ADX is showing a weak sell signal.
Despite the pair’s bearish tone, it will rise towards 1.0750 area.

eurusd analysis