Technical analysis:
Rejection of the main resistance in the background at the price of 1,1352. Potential for the downside rotation.
Trading recommendation:
Due to strong rejection of the main resistance at the price of 1,1350, I see potential for the downside rotation towards lower reference.
Watch for selling opportunities on the rallies with the downside objective at 1,1228.
Stochastic is showing fresh bear cross, which is another sign and confirmation for the downside rotation.
Key resistance is set at 1,1358
