Euro/Dollar forecast for today: EURUSD analysis 18.11.2022

The short-term euro uptrend continues. The growth target is November 15 high. Yesterday, traders tested the trend key support of 1.0322 – 1.0306, which was held. After the test of this zone, the buyers’ reaction occurred.

Today, look for long trades or hold them to the target indicated above.

If the trend key support is broken out during the trading, the trend will reverse down. In this case, consider sales with the target in the lower Target Zone 1.0163 – 1.0131.

EURUSD trading ideas for today:

Enter purchases in the level of 1.0360.
TakeProfit: 1.0477.
StopLoss: 1.0302.

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