EUR/USD analysis for March 30, 2022 - Potential for downside movement

Technical analysis:

EUR/USD has been trading upside in the background and the price tested the level of 1.1160. Anyway, I see potential for the downside movement.

Trading recommendation:

Due to the bear divergences in the momentum, I see potential for the downside rotation.

Watch for potential selling opportunities with the downside objective at 1.1073 and 1.1036.

Stochastic is showing bear divergence and potential for the downside rotation.

Resistance is set at the price of 1.1160

Trading analysis offered by RobotFX and Flex EA.
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