Indicator analysis. Daily review on EUR / USD for July 20, 2020

Trend analysis (Fig. 1). Today, a downward rollback is possible from the level of 1.1430 (closing of the Friday afternoon candle) with the target at 1.1386 – a 23.6% pullback level (blue dotted line). If this level is reached, the downward movement may continue with the next target at 1.1345 – a 38.2% pullback level […]