Indicator analysis. Daily review on EUR / USD for August 4, 2020

Trend analysis (Fig. 1). The market may continue to move downward from the level of 1.1765 (closing of yesterday’s daily candle) with the target of 1.1714 – a 14.6% pullback level (red dotted line). From this level, the price may continue to move downward with the next target of 1.1656 – a 23.6% pullback level […]