EURUSD analysis for 13.04.2017

Inflation rate in Germany and Italy is going to be announced soon followed by Initial Jobless Claims in the US. The support rests at 1.06520 with resistance at 1.06880 which both lines are above the weekly pivot point at 1.06190. The EMA of 10 is moving with bullish bias along the ascendant channel but it is below the EMA of 100 and the EMA of 200. The RSI is falling towards the 50 level, the Stochastic is moving in high ranges and the MACD indicator is in neutral territory. The ADX is not showing any clear signals. EURUSD will continue its bullish trend targeting the 50th level of Fibonacci at 1.7. https://fxglory.com/eurusd-analysis-for-13-04-2017/