Yesterday EURUSD did not move much due to holidays in the US and UK.
The support rests at 1.08970 with resistance at 1.09390 which the weekly pivot point at 1.09040 is located in between the lines. The EMA of 10 is moving with bullish bias in the descendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is showing buy signal.
EURUSD is trying to grow towards 61.8 level of Fibonacci at 1.09550.

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