Euro is trading in the short-term uptrend. The upside target is the high of December 5. If the high of December 5 is broken through, the price could break out the upper Target Zone 1.0572 – 1.0540. If so, the next upside target will be the Gold Zone 1.0715 – 1.0699.
It will be relevant to sell if the price breaks through the low of December 7 and consolidates below. In this case, the trend will turn down, and the sell target will be the lower Target Zone 1.0276 – 1.0245.
EURUSD trading ideas for today:
Buy according to the pattern at support (А) 1.0488 – 1.0478.
TakeProfit: 1.0592.
StopLoss: according to the pattern rules.
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