Euro is trading between the Target Zone 1.0570 – 1.0550 and the Intermediary Zone 1.0505 – 1.0495. The short-term trend remains up. However, there is no buy pattern, so continue monitoring the market.
If the Intermediary Zone is broken out downside during the trading and the price consolidates lower in the American trading session, the short-term trend will reverse down. In this case, start the euro sales with the target in the lower Target Zone 1.0409 – 1.0390.
EURUSD trading ideas for today:
Buy according to the pattern in Intermediary Zone 1.0505 – 1.0495.
TakeProfit: 1.0600.
StopLoss: according to the pattern rules.
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