There were no promising economic reports in the US to support USD.
The support rests at 1.18730 with resistance at 1.19430. The weekly pivot point at 1.19260 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 100 and the EMA of 200. The Stochastic is moving in low ranges, the RSI is rising towards level 50 and the ADX is not showing any clear signals. The MACD indicator is in negative territory.
EURUSD is falling down targeting 1.18700.
