The EURUSD short-term uptrend continues. Yesterday, the Intermediary Zone 1.0668 – 1.0658 was tested. The zone was held, so today, searching for purchases according to the pattern with a target at June 3 high is a priority. After updating the high, the price will move to the upper Target Zone 1.0837 – 1.0818.
Otherwise, wait for the breakout of the Intermediary Zone and price consolidation below in the American session. The short-term trend will reverse down, so from the next day, it will be possible to consider euro sales with the target in the lower Target Zone 1.0572 – 1.0553.
EURUSD trading ideas for today:
Buy according to the pattern in Intermediary Zone 1.0668 – 1.0658.
TakeProfit: 1.0763, Target Zone 1.0837 – 1.0818.
StopLoss: according to the pattern rules.
Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.
Go to Register with LiteForex Platform
Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.
