Technical analysis:
EUR/USD has been downside this morning and I see the breakout of the rising channel, which is good sign for further downside movement.
Trading recommendation:
Due to the breakout of the rising channel in the background I see potential for the downside continuation.
Watch for potential selling opportunities on the intraday rally with the downside objective at the price of 1.0155.
MACD oscillator is showing downside reading, which can be a good sign for further downside movement.
Key resistance is set at the price of 1.0293
