EUR is trying to recover from the previous loss against USD.
The support rests at 1.10010 with resistance at 1.10320 which the weekly pivot point at 1.10100 is located in between the lines. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
Considering the correction pattern, EURUSD may be growing towards 61.8 level of Fibonacci at 1.10500.
