With the whole world quiet market and the low demand of Crude Oil, EURUSD is moving very slowly.
The support rests at 1.07840 with resistance at 1.08410 which both lines are below the weekly pivot point at 1.08920. 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 moving below 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.
Bearish trend is limited to the colored section targeting the previous low at 1.07674. The resistance level breakout will push the price up towards 1.09350.