EURUSD closed below 1.1735, further bearish toward 1.1635/16 could not be ruled out.
But downside may be limited from current levels.
For now all technical indicators are in oversold territory.
Once reached, market may come into a consolidation mode.
If seen, we'll use the weakness to build tactical long positions.
EURUSD Trade Idea:(spot 1.1709)
Buy Limit @ 1.1655 SL @ 1.1570 Take Profit @ 1.1852
Intraday Trade Idea:
Buy Limit @ 1.1646 SL @ 1.1608 Take Profit @ 1.1686
Sell Limit @ 1.1784 SL @ 1.1803 Take Profit @ 1.1749
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