Technical analysis:
EUR/USD has been trading downside as I expected yesterday. EUR is getting closer to main objective at 1.0350. I expect further downside continuation.
Trading recommendation:
Due to the downside cycle and broken bear flag pattern in the background, I see potential for the downside continuation.
Watch for potential selling opportunities the intraday rallies with the downside objective at 1.0350.
MACD oscillator is showing new fresh downside momentum, which is another confirmation that sellers are in control.
Key resistance is set at the price of 1.0640
