EUR/USD analysis for September 06, 2021 - Absorption of the buying climax in the background and potential for bigger drop

Technical analysis:

Absorption of the climatic buying from Friday. Watch for potential downside movement and test of 1,1800

Trading recommendation:

Due to absorption of the buying climax in the background and the breakout of the rising trend line, I see potential for the drop towards 1,1800.

Watch for selling opportunities with the downside targets at 1,1835 and 1,1800.

Key resistance is set at the price of 1,1905