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EUR/USD Outlook (29 July 2020)

Euro / U.S. Dollar (FX:EURUSD)  
JinDao_Tai  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Forex macro technical trend EURUSD
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trendanalysis forex macro technical trend eurusd
Overall, EUR/USD is trending upwards. Recently, EUR/USD bounced off the resistance zone of 1.17700.

Currently, EUR/USD is moving towards the resistance zone of 1.17700 and the next support zone is at 1.15300.
If EUR/USD breaks the resistance zone of 1.17700, look for short-term buying opportunities of EUR/USD up until the U.S. interest rate decision tomorrow at 0200 (SGT).
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