Technical Analysis of EUR/USD for July 16, 2020:

Technical Market Outlook: Another Bearish Engulfing candlestick pattern has been made at the top of the last move up at the level of 1.1452, but bulls are not giving up. This is the seventh attempt to rally above the supply zone located between the levels of 1.1406 – 1.1419. The RSI indicator shows the positive […]