The non-farm pay-roll data on Friday failed to meet the market expectation.
The support rests at 1.10050 with resistance at 1.10470 which the weekly pivot point at 1.10120 is located in between the lines. 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 below 50 level, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
EURUSD is probably growing towards the upper Bollinger band at 1.10600.
