The US ISM Manufacturing Index for April came on Friday and the decline was better than expected.
The support rests at 1.09010 with resistance at 1.10030 which the weekly pivot point at 1.09360 I located in between the lines. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving above 50 level, the Stochastic is showing downward momentum and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
While considering pullbacks, EURUSD is growing towards the upper Bollinger band at 1.10100.