The higher interest rates in America supported USD.
The support rests at 1.18910 with resistance at 1.19470 which both lines are below the weekly pivot point at 1.20020. 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 middle ranges and the MACD line is on the signal line in the neutral territory. The ADX is showing weak sell signal.
EURUSD will continue its bearish trend towards 1.185.

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