The weak US retail sales data did not empower EURUSD much.
The support rests at 1.08030 with resistance at 1.08390 which the weekly pivot point at 1.08310 is located in between the lines. The EMA of 10 is moving with bullish bias in the horizontal channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the Stochastic is moving in middle ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
The resistance level breakout will push the price up towards the upper Bollinger band at 1.08590; otherwise EURUSD will be fluctuating within the support and resistance lines.

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