Euro/Dollar forecast for today: EURUSD analysis 13.06.2023

Following the correction up in the short-term downtrend, the EURUSD reached resistance (В) 1.0810 – 1.0794. One could enter new sell trades in the second resistance zone with a target at a low of May 31. One should enter sell trades when there is a corresponding pattern.

If the price breaks out resistance (B) and the price closed above it at the US trading session, the short-term trend will turn up. If so, one could enter long trades starting from the next trading day; the upside target will be in the upper Target Zone 1.0984 – 1.0953. 

EURUSD trading ideas for today:

Sell according to the pattern at resistance (В) 1.0810 – 1.0794.
TakeProfit: 1.0637.
StopLoss: according to the pattern rules.






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