US has been supported after the US Attorney General’s comments regarding Donald Trump’s case.
The support rests at 1.12850 with resistance at 1.13140 which both lines are below the weekly pivot point at 1.13410. The EMA of 10 is moving with bearish bias in the descendant channel and it is above the EMA 100 and below the EMA of 200. The RSI is moving below 50 level and the Stochastic is showing upward momentum. The MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The resistance level breakout may push the price up towards 1.13500; otherwise, EURUSD may continue its bearish trend towards 1.12500.
