EUR is getting empowered due to the vaccination in Europe and the USD is under pressure because it failed to fulfill the plan for making 20 million vaccines.
The support rests at 1.22620 with resistance at 1.23280. The weekly pivot point at 1.22060 is located below the lines. 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 Stochastic is moving in high ranges, the RSI is moving above level 50 and the ADX is showing buy signal. The MACD indicator is in positive territory.
EURUSD is ending the year in new highs. Buyers can target 1.25000.