Sorry for being so slow, but my internet provider still hasn’t fixed the connectivity issues and I doubt that I will be fully operational before mid next week. In the meantime, I will try my best to update charts from publich WLAN places.

After a two-day down move of EU/USD, with a little stop at the critical 1.29 level (area marked in blue), we saw a very strong bounceback to the same level. If we break it to the upside, we can go back to the upper range of the channel at 1.3, if we break out to the downside we will see 1.27 again.

EU/USD, July 22, 4pm UK Time

EU/USD, July 22, 4pm UK Time