While the ECB President, Draghi’s speech can support EUR, the unemployment claims data from the US can gain the loses for USD.
The support rests at 1.14910 with resistance at 1.15370 which both lines are above the weekly pivot point at 1.14420. The EMA of 10 is moving with bearish bias but it is above the EMA of 200 and the EMA of 100. The RSI is moving horizontally on the 50 level, the Stochastic is moving in low ranges and the MACD indicator is in positive territory. The ADX is not showing any clear signals.
Still long positions are recommended targeting 1.16.

eurusd analysis

eurusd