Technical analysis:
EUR/USD has been trading upside but I found strong resistance at the price of 1.2130. There is potential for the downside continuation.
Trading recommendation:
Watch for potential selling opportunities at 1.2130 for the further downside continuation.
Fibonacci 61.8% is set at 1.2130 and I see space for the drop towards 1.2055.
Stochastic is showing fresh bear cross, which is another sign and confirmation for the downside rotation.
