Image 1: Monthly chartConcern about long-term trend for following 2 months, EUR/USD can't breakout the downtrend line easily. it will be in triangle trading range.Image 2: weekly chart The blue line:21SMMA ,shifted 7 units, from 6/16-8/1,it will take 7 weeks. The data of 7-weeks-ending is 1.3045For following 7 weeks,EUR/USD need to re-test the support of 21SMMA.So My forecast of EUR/USD on 1st,Aug will be 1.3065.(1.3045+20pips) The price touch 21SMMA,will have a tiny re-bounce.Best regardsAcp888…