Euro/Dollar forecast for today: EURUSD analysis 26.04.2023

The EURUSD short-term uptrend continues. The first upside target is the high of April 25. The next target will be the Gold Zone 1.1147 – 1.1137. The price was corrected down yesterday, providing favourable prices to buy according to the pattern. I recommend holding up the longs today with the above-indicated targets.

If the EURUSD starts declining and breaks through the low of April 17, it should consolidate below support (В) 1.0916 – 1.0900. In this case, the short-term trend will turn down, and it will be relevant to sell with a target at 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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