USD is staying low due to the Virus and its impact on the economy.
The support rests at 1.11350 with resistance at 1.11830 which both lines are above the weekly pivot point at 1.09630. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The bullish growth is limited below the previous high, therefore sellers can expect a decline towards 1.11100.

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