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Weekly Forex Forecast for July 20 – 24, 2020
In this weekly Forex forecast, I’m going to show you exactly how I’m trading EURUSD, GBPUSD, EURGBP, EURCAD, and VETUSD through July 24, 2020. EURUSD bulls just capped off an impressive week. I first mentioned this descending channel, which is also serving as a bull flag pattern on June 29th. The July 6th close above resistance confirmed the breakout and exposed the 1.1350 resistance level. That’s the area I mentioned last weekend. As anticipated, EURUSD broke above 1.1350 last Tuesday, which opened the door to the channel’s inception point at 1.1420. Notice how Wednesday formed what appeared to be a bearish ... (full story)
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