EUR is trying to recover from the loss.
The support rests at 1.08650 with resistance at 1.09710 which both lines are below the weekly pivot point at 1.09100. 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 in overbought area, 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.
EURUSD is trying to complete the correction pattern targeting 1.10000.
