EURUSD is volatile because of the last days of the month. Today the inflation data will be released in Eurozone and also traders will be watching out for the FOMC meeting minutes.
The support rests at 1.24110 with resistance at 1.24890 which both lines are above the weekly pivot point at 1.23930. 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 rising towards the overbought area, the Stochastic is moving in high ranges and the MACD line is on the signal line in the neutral territory. The ADX is showing buy signal.
Long positions are recommended towards 1.25.

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