EURUSD Daily Analysis | Jul 11

11 Tem 2022

Heading into this week, I expect the dollar to remain strong and thus have more downside throughout all the USD pairs(see my other analysis). With EURUSD in particular, I would like the pair to retrace up a bit before entering any shorts. Something around 1.03500 would trigger my attention and as far as the targets go, I would aim for 0.99872 at least. However, price breaking above 1.05174 would invalidate my bias completely.