Most US stocks declined but the US dollar index is rising along with the strong economic data.
The support rests at 1.17390 with resistance at 1.18080 which both lines are below the weekly pivot point at 1.18770. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and below the EMA of 100. The RSI is moving in oversold area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
Sellers can target the previous low at 17000.
