Euro/Dollar forecast for today: EURUSD analysis 14.06.2022

Yesterday, the short-term euro downtrend continued. The Gold Zone 1.0476 – 1.0466 was broken out. The next target for sales is Target Zone 2 1.0380 – 1.0361. At the moment, the price is correcting.

The test of the Additional Zone 1.0449 – 1.0445 serves as a possible correction target. After the AZ test, consider new sales according to the pattern with the first target at today’s low.

If, during the trading session, the Additional Zone is broken out upside, the correction will continue to the Intermediary Zone 1.0502 – 1.0493. The IZ serves as the border of a short-term downtrend, so look for new sales after reaching it.

EURUSD trading ideas for today:

  1. Sell according to the pattern in Additional Zone 1.0449 – 1.0445.
    TakeProfit: 1.0399.
    StopLoss: according to the pattern rules.
  2. Sell according to the pattern in Intermediary Zone 1.0502 – 1.0493.
    TakeProfit: 1.0399.
    StopLoss: according to the pattern rules.

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