Technical analysis:
EUR has been trading upwards after the Non-farm numbers but I see overbought condition and potential for the downside rotation towards 1.2120.
Trading recommendation:
Watch for potential selling opportunities if you see exhaustion in price action and exhaustion patterns.
Downside target is set at the price of 1.2120
Stochastic is showing overbought condition and potential for the downside rotation.
Resistance is set at 1.2180/90
