As Fed sets interest rates to zero US Dollar Index is falling down.
The support rests at 1.11150 with resistance at 1.12630 which the weekly pivot point at 1.12180 is located in between the lines. The EMA of 10 is moving horizontally in the descendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is rising towards 50 level, the Stochastic is moving in middle ranges and the MACD line is on the signal line in the neutral territory. The ADX is not showing any clear signals.
It seems that EURUSD is trying to recover from the previous decline targeting the upper Bollinger band at 1.13000.
