The US MBA mortgage applications dropped.
The support rests at 1.08310 with resistance at 1.08880 which both lines are below the weekly pivot point at 1.09100. The EMA of 10 is moving horizontally 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 middle ranges and the MACD line is above the signal line in the positive territory. The ADX is showing sell signal.
While considering pullbacks on the way, EURUSD may grow towards 1.10000.
