Euro/Dollar forecast for today: EURUSD analysis 09.06.2022

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.

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