US dollar is under pressure due to lack of economic reports.
The support rests at 1.10540 with resistance at 1.10840 which both lines are above the weekly pivot point at 1.10330. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is falling towards 50 level, the Stochastic is showing downward momentum and the MACD line is on the signal line in the neutral territory. The ADX is showing sell signal.
The support level breakthrough will push the price down towards 1.10250.

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