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20.10.202116:43 Forex Analysis & Reviews: EUR/USD analysis for October 20, 2021 - Overbought condiiton and potential for the downside rotation

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Technical analysis:

EEUR/USD has been trading upside in last few hours but I see overbought condition and potential for the price to rotation downside.

Trading recommendation:

Due to flat condition on the EUR in last few days, I see potential for the downside movement due to overbought condition.

Watch for selling opportunities with the downside objectives at 1,1620 and 1,1610

Stochastic is showing overbought condition

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