Technical analysis of EUR/USD for July 08, 2020

Overview: On one-hour chart, the EUR/USD pair is continuing in a bullish market from the supports of 1.2228 and 1.1250. Also, it should be noted that the current price is in a bullish channel. Immediate support is seen at 1.1269 which coincides with a key level (50% of Fibonacci). Consequently, the first support sets at […]