Technical analysis:
EUR has been trading sideways at the price of 1,1715. There is potential for the rally due to exhaustion and major support at the price of 1,1700.
Trading recommendation:
Watch for buying opportunities on the upside breakout with the target at the price of 1,1763.
RSI is showing positive reading, which is good confirmation for the further rally...
Key support is set at the price of 1,1700
