FX.co ★ EUR/USD analysis for July 30 2021 - Upside pressure and potential for the rally towards 1.1965

Technical analysis:

EUR/USD has been trading upwards as I expected. The price tested main upside objective at the price of 1,1900 but there is still more potential for the upside movement towards 1,1965.

Trading recommendation:

Watch for the buying opportunities on the pullbacks with the upside target at 1,1965.

Stochastic is positive with no signs for the reversal.

Key support is set at the price of 1,1840