FX.co ★ EUR/USD analysis for September 23, 2021

Technical analysis:

EUR/USD has been trading sideways at the price of 1,1715. I see potential for the fuhrer downside movement towards lower references.

Trading recommendation:

Watch for selling opportunities on the rallies with the downside objectives at the price of 1,1690 and 1,1660.

There is the bearish divergence in the background on the Stochastic, which is another sign of the weakness.

Key pivot resistance is set at 1,1755