USD has been empowered by the strong economic data and factory orders.
The support rests at 1.11580 with resistance at 1.11840 which the weekly pivot point at 1.11730 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 200 and the EMA of 100. The RSI is moving below 50 level and the Stochastic is moving in low ranges. The MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
While EURUSD is trying to find some consolidation around the weekly pivot point, the support level breakthrough will accelerate the decline towards 1.1110.

eurusd