USD has been empowered by ISM manufacturing data such as PMI, Prices and Employment.
The support rests at 1.15560 with resistance at 1.16220 which both lines are below the weekly pivot point at 1.16410. The EMA of 10 is moving with bearish bias in the descendant channel and it has reached the EMA of 200 and they are both above the EMA of 100. The RSI is falling towards the oversold area, the Stochastic is moving in high ranges and the MACD line is below the signal line in the negative territory. The ADX is showing weak sell signal.
EURUSD has started its correction pattern towards 61.8 level of Fibonacci at 1.145.
