Euro/Dollar forecast for today: EURUSD analysis 22.03.2022

Today, the short-term euro trend reversed down. Now the target for sales is the lower Target Zone 1.0945 – 1.0926.

The chart shows the mirror level of 1.1031 – 1.1020, in which it is possible to enter sales with the first target around today’s low.

If the price returns to this level and consolidates above, then expect it in the trend’s key resistance zone. Consider sales with the target in the Target Zone 1.0945 – 1.0926 in the beforementioned trend’s key resistance.

Do not consider euro purchases at the moment.

EURUSD trading ideas for today:

Sell from the zone of 1.1031 – 1.1020.

TakeProfit: 1.0980, Target Zone 1.0945 – 1.0926.

StopLoss: 1.1054.

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