The EURUSD is being corrected up in the short-term downtrend. The correction could be the test of the trend border of 1.0810 – 1.0794. When the zone is tested, one could enter new sell trades with a target at yesterday’s low.
If yesterday’s low is broken through, the next downside target will be the low of May 31. When the latter low is broken through, the price will break out the Gold Zone 1.0667 – 1.0657.
It will be relevant to buy when the short-term trend turns up via the breakout of level 1.0810 and consolidates above. In this case, one could enter long trades with a target in the upper Target Zone 1.0984 – 1.0953.
EURUSD trading ideas for today:
Sell according to the pattern at resistance (В) 1.0810 – 1.0794.
TakeProfit: 1.0637.
StopLoss: according to the pattern rules.
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