Technical analysis:
EUR/USD has been trading upside today but I see strong resistance at the price of 1.0567. Potential for the downside rotation till end of the day.
Trading recommendation:
Due to the test and reject of the strong short-term resistance at the price of 1.0567, I see potential for the downside continuation.
Watch for potential selling opportuntiies the intraday rallies with the downside objectives at 1.0475 and 1.0350
Stochastic is showing overbought condition and fresh bear cross, which is sign that EUR can rotate downside.
Key resistance is set at the price of 1.0567
