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.







Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission
.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.