The supportive U.S. economic data gave some momentum to USD.
The support rests at 1.10030 with resistance at 1.10750 which the weekly pivot point at 1.10360 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant 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 low ranges and the MACD line is on the signal line in the neutral territory. The ADX is not showing any clear signals.
The indicators are showing mixed signals but the price is reaching the upper Bollinger band which might lead the price towards 1.10800.
