FX.co ★ Evening review on EURUSD for July 22, 2020

The euro confirms the trend, and dynamics based on the H4 chart provokes traders to take profit then restart from the rollback. This is a possible option. However, the monthly chart suggests that it is just the beginning.

According to the monthly chart, the target is 1.1880 with a possible continuation towards higher levels.

You may consider purchases from 1.1340.

The weekly US employment report is expected today at 12:30 UTC.