EURUSD is chiefly under the influence of Industry confidence and the manufacturing expectations.
The support rests at 1.05760 with resistance at 1.06130 which both lines are above the weekly pivot point at 1.05610. The EMA of 10 is moving with bullish bias but it is below the EMA of 100 and 200. The RSI is moving horizontally on 50 level, the Stochastic is showing upward momentum and the MACD indicator is in neutral territory. The ADX is showing buy signals.
EURUSD is falling down within Andrews’ pitchfork targeting 1.05500 area.
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