The short-term euro trend reversed up once again. Yesterday, the Intermediary Zone 1.1218 – 1.1209 was broken out. Now the target for purchases is the upper Target Zone 1.1315 – 1.1297. I recommend looking for the euro purchases on correction at strong levels. Strong levels for today are Additional Zone 1.1233 – 1.1229 and Intermediary Zone 1.1189 – 1.1181.
To enter trades, wait for a test of the supports indicated above and look for a buy pattern. The first target for trades will be today’s high.
EURUSD trading ideas for today:
- Buy according to the pattern in Additional Zone 1.1233 – 1.1229.
TakeProfit: 1.1277.
StopLoss: according to the pattern rules. - Buy according to the pattern in Intermediary Zone 1.1189 – 1.1181.
TakeProfit: 1.1277.
StopLoss: according to the pattern rules.