Technical analysis:
EUR/USD has been trading sideways at the price of 1.1942. My advice is to watch for selling opportunities due to overbought condition and controlled rally...
Trading recommendation:
Watch for potential selling opportunities with the downside targets at 1.1852 and 1.1720.
5 day cycle for tops is in play....
Stochastic is showing overbought condition and fresh bear cross, which is another sign and confirmation for the downside rotation.
