EURUSD analysis for 30.11.2017

The US tax reform program and rate hike in December are the most infuentail matters for EURUSD. The support rests at 1.18450 with resistance at 1.18840 which the weekly pivot point at 1.18600 is located in between the lines. The EMA of 10 is moving with bearish bias in the ascendant channel but it is above the EMA of 200 and the EMA of 100. The RSI is moving horizontally on the 50 level, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals. The price is moving in lower Bollinger band, it will grow towards the upper side targeting 1.195. https://fxglory.com/eurusd-analysis-for-30-11-2017/