The EURUSD broke through the high of March 23 yesterday. The short-term trend has turned up, and the buy target is the upper Target Zone 1.1062 – 1.1031. It is relevant to enter new purchases on the corrections to support (A) 1.0867 – 1.0856 or support (В) 1.0814 – 1.0798.
It will be relevant to sell the euro versus the dollar when the price chart breaks out support (B) and consolidates below at the US trading session. In this case, the short-term trend will turn down, and the downside target will be the lower Target Zone 1.0655 – 1.0623.
EURUSD trading ideas for today:
- Buy according to the pattern at support (А) 1.0867 – 1.0856.
TakeProfit: 1.0970.
StopLoss: according to the pattern rules. - Buy according to the pattern at support (В) 1.0814 – 1.0798.
TakeProfit: 1.0970.
StopLoss: according to the pattern rules.
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