USD has been under pressure since the market opening hour of this week.
The support rests at 1.08250 with resistance at 1.08730 which both lines are above the weekly pivot point at 1.08160. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving above 50 level, the Stochastic is showing upward momentum and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD is trying to grow within Andrew’s Pitchfork targeting 1.09300.