Euro/Dollar forecast for today: EURUSD analysis 21.04.2022

The short-term euro trend reversed up. The price broke out the Intermediary Zone 1.0863 – 1.0853. Now it is trying to consolidate above. If the American trading session opens above the Intermediary Zone today, look for long trades with the target in the upper Target Zone 1.0968 – 1.0949.

To enter sales, traders need to update today’s low. In this case, a false breakout pattern will be formed, within which it will be possible to open a short trade with a target at April 14 low.

EURUSD trading ideas for today:

Watch the market.

Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.