The light European economic calendar helped USD to grow.
The support rests at 1.18350 with resistance at 1.18930 which both lines are below the weekly pivot point at 1.20020. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is falling towards oversold area, the Stochastic is moving in middle ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
EURUSD will remain bearish targeting 1.18.

eurusd