Euro/Dollar forecast for today: EURUSD analysis 10.12.2021

The EURUSD is being corrected down in the medium-term uptrend, and the price has reached the zone of good buy prices 1.1310 – 1.1258. One could enter purchases according to the buy pattern in the zone with a take-profit around the high of December 8; the second take-profit will be in the upper Target Zone 1.1420 – 1.1403.

It will be relevant to sell when the trend reverses down if the euro-dollar price breaks out level 1.1258 downside. If so, one could enter short-term sell trades with a target in the lower Target Zone 1.1178 – 1.1161.

EURUSD trading ideas for today:

Buy according to the pattern in the zone of 1.1310 – 1.1258.

TakeProfit: 1.1350, Target Zone 1.1421 – 1.1403.

StopLoss: according to the pattern rules.

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