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FX.co ★ EUR/USD analysis for July 20 2020 - Bear divergence on the Stochastic and potential for the downside roation

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Forex Analysis

2020-07-20T11:41:41
iconRelevance until2020-07-21

EUR/USD analysis for July 20 2020 - Bear divergence on the Stochastic and potential for the downside roation

Technical analysis:

EUR/USD analysis for July 20 2020 - Bear divergence on the Stochastic and potential for the downside roation

EUR/USD has been trading upwards. The price tested the level of 1,1465 but it found that resistance. I see potential for the downside rotation towards the 1,1443 and 1,11413

Trading recommendation:

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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