Euro/Dollar forecast for today: EURUSD analysis 21.12.2022

The euro’s short-term uptrend continues. The upside target is the high of December 15. The second target is Target Zone 2, 1.0773 – 1.0752.

This week, the traders were testing the trend key support 1.0577 – 1.0561. The zone has been held up, and one could enter purchases once there is a buy pattern.

If the key support is broken out, the trend will turn down. In this case, it will be relevant to sell with a target in the lower Target Zone 1.0418 – 1.0386.

EURUSD trading ideas for today:

Buy according to the pattern at support (В) 1.0577 – 1.0561.
TakeProfit: 1.0734.
StopLoss: according to the pattern rules.






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