The Fed hawkish stance is putting EUR under pressure.
The support rests at 1.15680 with resistance at 1.16080 which both lines are below the weekly pivot point at 1.16670. 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 showing downward momentum and the MACD is in the negative territory. The ADX is not showing any clear signals.
1.155 will remain the floor of the market however, the price will be fluctuating within the Bollinger bands at 1.15 and 1.18.

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