EUR/USD has been trading sideways at the price of 1.1000. Anyway, I see for further downside due to short-term downward trend. Watch for selling opportunities.
Ichimoku analysis:
15M time-frame
The price just crossed below the Ichimoku cloud on the 15M time-frame that sellers took control from buyers. Intraday support levels are set at 1.0996 and 1.0992.
H4 time-frame
Based on the 4H time-frame, the price is trading below the Ichimoku cloud and bleow the Kijun and Tenkan sen lines, which is clear indication of the short-term downward trend.
Downwrad targets are set at the price of 1.0990, 1.0940 and 1.0880
