Technical analysis:
EUR/USD has been trading upside but I see that EUR is testing major resistance at 1,1670. I see potential for the downside continuation.
Trading recommendation:
The long term trend is still bearish and my advice is to watch for selling opportunities. I see potential completion of the ABC correction.
Downside targets are set at the price of 1,1580 and 1,1535
Stochastic is showing overbought condition and potential for the drop towards 1,15803
Key resistance is set at 1,1670
