The economic data in Eurozone is supporting EUR against the strong USD.
The support rests at 1.09000 with resistance at 1.09340 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 oversold area, the Stochastic is moving in low ranges and the MACD line is below the signal line in the negative territory. The ADX is showing sell signal.
The resistance level breakout will push the price up towards 1.09600, otherwise EURUSD will continue its bearish trend towards 1.08600.