While EUR is trying to gain momentum, USD is under pressure due to Coronavirus.
The support rests at 1.08200 with resistance at 1.10090 which the weekly pivot point at 1.08570 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving above 50 level, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD is growing towards level 50 of Fibonacci at 1.10600.
