WUSD is under pressure against most major currencies.
The support rests at 1.07400 with resistance at 1.08360 which both lines are below the weekly pivot point at 1.08570. The EMA of 10 is moving with bullish bias in the descendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is rising towards 50 level, the Stochastic is showing upward momentum and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
Considering the correction pattern, first target will be level 38.2 of Fibonacci at 1.09600.