The EURUSD was corrected up to the resistance zone of 1.0816 – 1.0807. The zone has not been broken out, and the short-term downtrend continues.
One could enter sell trades today with a target at the low of December 8. If the indicated low is broken through, the price should break out the Target Zone 1.0765 – 1.0740. In this case, the next downside target will be the Gold Zone 1.0681 – 1.0672.
The trend border is in the zone of 1.0862 – 1.0849. If this zone is broken out, the trend will turn up, and one could enter purchases starting from the next trading day.
EURUSD trading ideas for today:
- Sell according to the pattern at resistance (А) 1.0816 – 1.0807.
TakeProfit: 1.0725.
StopLoss: according to the pattern rules. - Sell according to the pattern at resistance (В) 1.0862 – 1.0849.
TakeProfit: 1.0725.
StopLoss: according to the pattern rules.
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