USD growth was limited to 1.07650 and today is EUR’s turn to grow.
The support rests at 1.08050 with resistance at 1.08640 which both lines are below the weekly pivot point at 1.09360. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
Considering the price correction pattern, EURUSD may be targeting 61.8 level of Fibonacci at 1.09200.