Technical analysis:
EUR/USD has been trading upwards most recently but the resistance at the price of 1,1330 is on the test and I see potential for the downside rotation.
Trading recommendation:
Due to the breakout of the rising channell in the background from the last week and test of resistance, I see potential for the drop towards the 1,1258 and 1,1200.
Watch for potential selling opportunities on the rallies using the 5/15 minutes time-frame for better entry location.
Downward targets are set at the price of $1,1258 and 1,1200.
