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Euro/Dollar forecast for today: EURUSD analysis 02.12.2021

The short-term euro uptrend continues. The growth target is the November 30 high in the zone of level 1.1380.

Now the price is trading between the Target Zone 1.1380 – 1.1362 and the Intermediary Zone 1.1294 – 1.1286. To enter new buy trades, it is required to break out level 1.1380 and consolidate the price above. To enter sales, it is required to break out level 1.1286 and consolidate the price below. In the first case, the target for purchases will be the Gold Zone 1.1459 – 1.1450. In the second case, the target for sales will be the lower Target Zone 1.1206 – 1.1189.

EURUSD trading ideas for today:

Watch the market.

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