Trump’s Speech did not cause market volatility.
The support rests at 1.10000 with resistance at 1.10210 which both lines are below the weekly pivot point at 1.10710. 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 in oversold area, the Stochastic is moving in low ranges and the MACD line is on the signal line in the neutral territory. The ADX is not showing any clear signals.
The price may continue its decline towards 61.8 level of Fibonacci and then start its growth again.
