Technical analysis:
EUR/USD has been trading downwards as I expected. I still see potential for the downside continuation and potential test of 1.2135.
Trading recommendation:
Watch for potential selling opportunities on the rallies using the intraday time-frames 15/30 minutes.
Downside target is set at the price of 1.2135.
Stochastic is showing bear condiiton with no evidence of the bullish cross, which is sign for the further downside continuation.
Projected parallel line is another indication that drop can continue.Resistance is set at 1.2250
