Euro/Dollar forecast for today: EURUSD analysis 03.02.2023

The EURUSD is being corrected towards the short-term key support. When the zone is tested, one could enter new purchases with a target at yesterday’s high. When the high is broken through, the next upside target will be Gold Zone 1.1081 – 1.1070.

If the trend key support is broken out, the short-term trend will turn down. In this case, it will be relevant to sell the euro versus the US dollar, and the downside target will be the lower Target Zone 1.0715 – 1.0683.

EURUSD trading ideas for today:

Buy according to the pattern at support (В) 1.0874 – 1.0858.
TakeProfit: 1.1030.
StopLoss: according to the pattern rules.

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