Technical analysis:
EUR/USD has been trading upwards due to oversold condition on Friday. I still see potential for downside opportunities....
Trading recommendation:
Watch for potential selling opportunities with the downside objectives at the price of 1.1886 and 1.1850.
Stochastic oscillator is showing oversold condition and bearish divergence, which is sign for further downside rotation towards 1.1886 and 1.1850.
Main intraday resistance is set at 1.1910
