USD was supported by Fed officials’ remarks.
The support rests at 1.06640 with resistance at 1.06900 which both lines are below the weekly pivot point at 1.07800. The EMA of 10 is moving with bearish bias along the descendant channel and it has already crossed the EMA of 100 but both are above the EMA of 200. The RSI is moving horizontally in the oversold area, the Stochastic is moving in low ranges and the MACD indicator is in negative territory. The ADX is showing buy signals.
While noting that EURUSD is going to start its correction pattern soon, sellers can target 1.0550 for today.

eurusd analysis

eurusd