By: Investija
EURUSD did manage to stay around 1.4200 price level and bulls are not giving up that easy. This pair has formed a resistance now at 1.4232 and support at 1.4092. At the moment situation is still positive, but a reverse to the to the support line would mean an open road for the bears. In order for bulls to survive, candles needs to start moving up, but a chart below clearly says that there is no movement yet anywhere. Waiting is better option now to take.
EURUSD Technical analysis-July 22nd
DailyForex.com