Euro/Dollar forecast for today: EURUSD analysis 24.01.2023

The EURUSD short-trem uptrend continues. The upside target is Target Zone 1.0985 – 1.0964. It is relevant to enter new purchases on the correction at support (A) 1.0820 – 1.0810 or at support (B) 1.0767 – 1.0752. The first target is around the high of January 23.

It will be relevant to sell when the price breaks out level 1.0752 and consolidates below. 

EURUSD trading ideas for today:

  1. Buy according to the pattern at support (А) 1.0820 – 1.0810.
    TakeProfit: 1.0925.
    StopLoss: according to the pattern rules.
  2. Buy according to the pattern at support (В) 1.0767 – 1.0752.
    TakeProfit: 1.0925.
    StopLoss: according to the pattern rules.

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