Eurozone CPI data and US-China deal both came in favor our EURUSD bullish trend.
The support rests at 1.13700 with resistance at 1.14080 which the weekly pivot point at 1.13800 is located in between the lines. 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 falling towards 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.
While considering pullbacks on the way, EURUSD will continue its bullish trend towards the upper Bollinger band at 1.144.
