EURUSD DAILY OUTLOOK: Trapped but for how long?

GVI · July 21, 2026
General

Currently trapped between 1.1400-50 (actual range 1.1402-52) with key levels outside of it at 1.1377-1.1482.

A case can be made for an upside risk looking at longer-term charts (but only if 1.1482 is firmly taken out) vs momentum tilted down (but contained while above 1.1400) on this chart.

(AT 4 hour chart)

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