Technical analysis:
EUR/USD has been trading downwards. The price tested the level of 1,3160. I see potential for the further drop due to the fake breakout of the resistance at 1,1346.
Trading recommendation:
Watch for potential selling opportunities due to the fake breakoujt of the resistance at 1,1346 and rejection of the Fibonacci expansion 100%.
Downward targets are set at the price of 1,1267 and 1,1220