The core PPI figures empowered USD.
The support rests at 1.13110 with resistance at 1.13440 which both lines are below the weekly pivot point at 1.13780. The EMA of 10 is moving with bearish in the descendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving below the 50 level, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
EURUSD may continue its bearish trend towards 1.1215.
