EURUSD is under the influence of Draghi’s speech and the Brexit issue. The support rests at 1.05780 with resistance at 1.06220 which the weekly pivot point at 1.05870 is located in between the lines. The EMA of 10 is moving horizontally and it is below the EMA of 100 and the EMA of 200. The RSI is moving on the 50 level, the Stochastic is showing upward momentum and the MACD indicator is in neutral territory. The ADX is not showing any signals. Sellers can target 1.0550 at the moment.
EURUSD analysis for 29.11.2016
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