The Dallas Fed manufacturing business index declined and traders are waiting for the US goods trade balance.
The support rests at 1.07960 with resistance at 1.08430 which the weekly pivot point at 1.08160 is located in between the lines. The EMA of 10 is moving horizontally in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the Stochastic is moving in low ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
There is a chance of price growth towards 1.09000.
