Yesterday, as part of the EURUSD correction, February 4 low was updated, and the Intermediary Zone 1.1395 – 1.1386 was reached. The IZ was held, so today, the short-term uptrend continues. I recommend looking for a pattern to buy the euro to update February 4 high. If this happens and the price consolidates higher, the next buy target will be the Gold Zone 2 1.1570 – 1.1561.
If today the traders break out the Intermediary Zone and the price closes lower at the US trading session, the short-term trend will reverse down. In this case, from tomorrow look for euro sales with the target in the lower Target Zone 1.1307 – 1.1290.
EURUSD trading ideas for today:
Buy according to the pattern in Intermediary Zone 1.1395 – 1.1386.
StopLoss: according to the pattern rules.