FX.co ★ EUR/USD analysis for October 04, 2021

Technical analysis:

EUR/USD has been trading upside today but I see potential for the rejection and downside rotation.

Trading recommendation:

Strong supply zone and resistance at the price of 1,1630 is on the test.

Watch for selling opportunities due to extreme intraday reading and strong supply zone on the test.

Downside targets are set at the price of

1,1590

1,1570