(23 JULY 2020) EUR/USD Rebound expected.

Pivot
 (invalidation): 1.1555
Our preference
Long positions above 1.1555 with targets at 1.1585 & 1.1600 in extension.
Alternative scenario
Below 1.1555 look for further downside with 1.1535 & 1.1515 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)