EURUSD Weekly Analysis – July 26, 2020

EURUSD extended its upside movement from 1.0635 to as high as 1.1657. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target would be at 1.1800 area, only break below the trend line support could signal completion of the uptrend.

EURUSD daily chart