There is a busy calendar in Eurozone with the economic reports from Germany and France.
The support rests at 1.08360 with resistance at 1.08900 which both lines are above the weekly pivot point at 1.08160. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving above 50 level, the Stochastic is showing downward momentum and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD is trying to grow towards 1.0908.
