Technical analysis:
EUR/USD has been trading downside as I expected. I see potential for the downside continuation towards 1.1785.
Trading recommendation:
Watch for potential selling opportunities on the rallies due to completion of the upside ABC correction.
Downside target is set at the price of 1.1785
Stochastic is showing fresh bear cross, which is another sign and confirmation for the downside rotation.
Key resistance is set at 1.1810
