USD has been under pressure due to Fed Governor’s comments and weak monthly jobs report.
The support rests at 1.14150 with resistance at 1.14530 which both lines are above the weekly pivot point at 1.13780. The EMA of 10 is moving with bullish in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is falling towards the 50 level, the Stochastic is showing upward momentum and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
While considering pullbacks on the way, EURUSD may grow towards 1.15.
