The FOMC meeting minutes is the most influential report for EURUSD today.
The support rests at 1.22990 with resistance at 1.23550 which both lines are below the weekly pivot point at 1.23990. The EMA of 10 is moving with bearish bias in the descendant channel but it is above the EMA of 200 and below the EMA of 100. The RSI is moving below the 50 level, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
EURUSD will continue its bearish trend targeting 1.22.

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