FX.co ★ EUR/USD analysis for December 09, 2021 - Upside continuation in play

Technical analysis:

EUR/USD has been downside today but I see potential for the upside continuation in the next period.

Trading recommendation:

Due to oversold intraday condition and the bull trend in progress , I see potential for the upside continuation.

Watch for buying opportunities with the upside objective at the price of 1,1353

Stochastic is showing oversold condition and fresh bull cross, which is another sign and confirmation for the upside continuation

Additionally, there is the rising trend line on the test....

Key supports zone is set at 1,1297