The US PMI data is supporting USD and in contrast, German and Eurozone Manufacturing PMI put pressure on EUR.
The support rests at 1.09640 with resistance at 1.09970 which both lines are below the weekly pivot point at 1.10320. 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 in below 50 level, the Stochastic is moving in middle ranges and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The price may continue its fall towards the lower Bollinger band but it is not going to cross it. Soon buyers can target 1.10280.