Eurozone reports are not showing any signs of strength against USD.
The support rests at 1.13840 with resistance at 1.14150 which both lines are below the weekly pivot point at 1.14530. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA 100 and the EMA of 200. The RSI is moving in oversold area 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.
EURUSD may continue its bearish trend within Andrews’ Pitchfork towards 1.1360.