Technical analysis:
EUR/USD has been trading sideways at the price of 1.0545 and I see potential for the range play.
Trading recommendation:
Due to the strong sideways condition at the price of 1.0545 I see potential for the range play.
In case of the rest and reject of the resistance at 1.0600, watch for the downside rotation towards 1.0450
In case of the upside breakout and continuation watch for buying opportunities on dips with the upside objective at 1.0740
