The US President Trump criticism on Fed’s decision made USD weak against EUR.
The support rests at 1.15610 with resistance at 1.16170 which both lines are above the weekly pivot point at 1.15360. 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 may continue its growth towards the 61.8 level of Fibonacci at 1.167.
