USD is moving in lower range but the reports today may support it.
The support rests at 1.17560 with resistance at 1.17940 which both lines are above the weekly pivot point at 1.17010. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on level 50, the Stochastic is showing downward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing buy signal.
EURUSD is expected to grow targeting the ceiling of the channel at 1.18300.
