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.




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