The short-term euro uptrend continues. The growth target is June 3 high. After its update, the next target for purchases will be the upper Target Zone 1.0837 – 1.0818. Yesterday a buy pattern “1-2-3” was formed. Today, open long trades with the targets indicated above within the “1-2-3” pattern.
If during trading, the Intermediary Zone 1.0668 – 1.0658 is broken out downside and the price closes lower in the American session, the short-term trend will reverse down. In this case, sell the euro. The target for sales will be 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.