Forex weekly forecast 12-16 July 2021

bazaar.forex:  The delta Covid variant, CPI or Consumer Price Index and Retail Sales, will determine the direction of the market during the week.
 First EURUSD Weekly Forecast: Bears retain control according to the daily chart. The first target is at 1.18. Then The pair is expected to recover the 1.20
 Second: GBPUSD On the daily chart RSI (Relative Strength Index) is still above 30. Bears target is 1.38.
 Gold : Price Technical Forecast: the initial target is 1840
 USD/CAD Technical Outlook: The first target is 1.25 and the downside move is considered only as a correction.
 AUDUSD:Bears maintain control and the target is 0.73