EUR/USD in green after bearish session yesterday

EUR/USD managed to defend its gains yesterday, after a disappointing data release on US jobless claims. However, the pair was actively supported by the 100-day SMA, and this level is sending the Euro higher in the early Friday trading. The immediate resistance is still represented by the weekly PP at 1.1114, followed by the monthly PP/55-day SMA at 1.1160. Therefore, major gains are not included in the main scenario at the moment, while daily indicators are bearish. 

Sentiment among SWFX market participants has been swinging around 50% for a third consecutive day, as yesterday the share of bulls increased back to 51%.