Technical analysis:
EUR/USD has been trading upside this morning and I found rejection of the key cluster support at the price of 1.0930, which is good sign for the further upside movement.
Due to the oversold condition and the rejection of the key support cluster at 1.0930-1.0915, I see potentialf or the further upside rotation towards upside references.
Upside objectives are set at the price of 1.0990 and 1.1040
Stochastic oscillator is showing oversold condition and fresh bull cross, which is good sign for the further upside movement.
Intraday support is set at the price of 1.0930-1.0915
