It seems that USD has found a chance to recover the loss of recent months. Based on COT report, traders are losing interest in Euro.
The support rests at 1.20070 with resistance at 1.20670. The weekly pivot point at 1.21260 is located above the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 100 and above the EMA of 200. The Stochastic is showing upward momentum, the RSI is moving in oversold area and the ADX is showing sell signal. The MACD indicator is in negative territory.
Buyers are not interested in EURUSD right not but sellers can expect the lower Bollinger band at 1.20000.

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