Weaker-than-expected US jobs data is weighing on USD.
The support rests at 1.12190 with resistance at 1.12500 which both lines are below the weekly pivot point at 1.12650. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA 200 and the EMA of 100. The RSI is rising towards 50 level and the Stochastic is moving in high ranges. The MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD may create its correction pattern and grow towards 61.8 level of Fibonacci at 1.13200.
