Euro/Dollar forecast for today: EURUSD analysis 27.04.2022

EURUSD continues to fall. As part of a short-term downtrend, the Target Zone 3 1.0608 – 1.0589 was reached today. If this zone is broken out, the next sales target will be the Gold Zone 3 1.0512 – 1.0503.

So far, traders have not managed to break out the Target Zone 3. Therefore, expect a correction, an opportunity for traders to sell the instrument at favorable prices. The most favorable sell prices may be in the Additional Zone 1.0640 – 1.0636 or the Intermediary Zone 1.0693 – 1.0684. The IZ serves as the trend border. Focus on today’s low as a target for sales.

EURUSD trading ideas for today:

  1. Sell according to the pattern in Additional Zone 1.0640 – 1.0636.
    TakeProfit: 1.0590.
    StopLoss: according to the pattern rules.
  2. Sell according to the pattern in Intermediary Zone 1.0693 – 1.0684.
    TakeProfit: 1.0590.
    StopLoss: according to the pattern rules.

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.