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29.07.202012:53 EUR/USD analysis for July 29 2020 - Intraday bull flag for potential test of 1.1800

Company does not offer investment advice and the analysis performed does not guarantee results.
The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Technical analysis:

Exchange Rates 29.07.2020 analysis

EUR/USD has been upwards this morning towards the 1,1765 but I still expect further upside today towards the 1,1800.

Trading recommendation:

Watch for potential buying opportunities on the dips due to strong upside condition and extended run to the upside on the daily time-frame.

Performed by Petar Jacimovic
Analytical expert of InstaForex
© 2007-2020

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