Euro/Dollar forecast for today: EURUSD analysis 18.04.2022

On Monday, traders are trying to break out the Target Zone 2 1.0800 – 1.0781. If successful, the next target for sales will be Gold Zone 1.0704 – 1.0695. Otherwise, wait for an upward correction to test the Intermediary Zone 1.0863 – 1.0853 which serves as the trend border.

It is possible to consider new euro sales according to the pattern in the zone of 1.0810 – 1.0805.

Euro purchases are currently unprofitable according to the methodology.

EURUSD trading ideas for today:

Sell according to the pattern in the zone of 1.0810 – 1.0805.

TakeProfit: 1.0760.

StopLoss: according to the pattern rules.

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