While the US has slapped more tariffs on the Chinese, the European Union is dealing with the German political issues.
The support rests at 1.15540 with resistance at 1.15980 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 rising towards the 50 level, the Stochastic is moving in middle ranges and the MACD is in the negative territory. The ADX is not showing any clear signals.
EURUSD will continue its bearish trend towards 1.15.

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