The promising US manufacturing sector data gave some support to USD.
The support rests at 1.09010 with resistance at 1.09880 which the weekly pivot point at 1.09760 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving below 50 level, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing weak sell signal.
EURUSD is falling down within Andrew’s Pitchfork targeting 1.0880.
