EUR tried to cover some loss due to the US public holiday.
The support rests at 1.08150 with resistance at 1.08450 which both lines are below the weekly pivot point at 1.08720. 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 RSI is moving in oversold area, the Stochastic is moving in low ranges and the MACD line is on the signal line in the positive territory. The ADX is not showing any clear signals.
The main trend remains bearish and sellers can keep 1.08000 as the target.
