The number of Covid cases is declining worldwide. Yesterday EUR fell against USD.
The support rests at 1.21040 with resistance at 1.21610. The weekly pivot point at 1.21280 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 100 and above the EMA of 200. The Stochastic is moving in low ranges, the RSI is moving in oversold area and the ADX is showing sell signal. The MACD indicator is in negative territory.
The bears are trying to hit 1.20700.