Technical analysis:
EUR/USD has been trading downside today and I see potential for further downside continuation.
Trading recommendation:
Due to strong bear condition and potential for bigger drop, my advice is to watch for swelling opportunities on the rallies.
Downside target is set at 1,1615
Stochastic oscillator is showing oversold condition but with no evidence for the reversal.
Resistance is set at 1,1670
