Yesterday USD was supported due to US stocks growth.
The support rests at 1.11980 with resistance at 1.12730 which the weekly pivot point at 1.12330 is located in between the lines. The EMA of 10 is moving horizontally in the horizontal channel and it is above the EMA of 200 and the EMA of 100. The RSI is falling below level 50, the Stochastic is moving in middle ranges and the MACD line is on the signal line in the neutral territory. The ADX is not showing any clear signals.
While the downward pressure remains sellers can target 1.11600.
