EURUSD will stay calm today due to lack of major economic reports in the US and Eurozone.
The support rests at 1.16850 with resistance at 1.17450 which the weekly pivot point at 1.17080 is located in between the lines. 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 on the 50 level, the Stochastic is showing upward momentum and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
The price will be fluctuating within 1.167 and 1.175.

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