Euro/Dollar forecast for today: EURUSD analysis 25.04.2023

The EURUSD short-term uptrend continues. Yesterday, the price broke out level 1.0993 and consolidated above. There is a pattern to buy with a target at the high of April 14. When the high of April 14 is broken through, the next upside target will be the Gold Zone 1.1147 – 1.1137.

If the high of April 14 is not broken through and the price declines, it will go below the low of April 17. When the low of April 17 is broken through, the short-term trend will turn down, and the downside target will be the lower Target Zone 1.0757 – 1.0726.

EURUSD trading ideas for today:

Hold up purchases entered at support (В) 1.0916 – 1.0900.
TakeProfit: 1.1072.
StopLoss: at breakeven.






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