USD has been support by the strong economic data such as producer price index result.
The support rests at 1.09790 with resistance at 1.10190 which the weekly pivot point at 1.10120 is located in between the lines. 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 moving below 50 level, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The price may fall towards 1.09800 but it is not going to break the support line. Later the middle Bollinger line can be expected at 1.10300.

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