The EURUSD price is due to consolidated below Target Zone 1.0773 – 1.0741. If so, the short-term downtrend will continue with a target at the Gold Zone 1.0667 – 1.0657.
If the TZ is held up, the price will be corrected up to resistance (А) 1.0844 – 1.0834, where one could enter sell trades with a target at today’s low.
If resistance (A) is broken out, the price should reach the trend border 1.0903 – 1.0887. Once the trend border is tested by the price, one could also enter short trades in the zone.
EURUSD trading ideas for today:
- Sell according to the pattern at resistance (А) 1.0844 – 1.0834.
TakeProfit: 1.0730.
StopLoss: according to the pattern rules. - Sell according to the pattern at resistance (В) 1.0903 – 1.0887.
TakeProfit: 1.0730.
StopLoss: according to the pattern rules.
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