ADP and ISM services along with the Fed talks empowered USD.
The support rests at 1.14550 with resistance at 1.14950 which both lines are below the weekly pivot point at 1.16630. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
The price has reached the lower Bollinger band and it seems that the chart is showing some recovery towards 1.155.
