Euro/Dollar forecast for today: EURUSD analysis 27.12.2022

The EURUSD uptrend continues. The upside target is the high of December 15, and the Target Zone 1.0773 – 1.0752.

Over the past two weeks, the traders have been trying to break out the trend key support 1.0577 – 1.0561, but the zone is held up. The market is rising today. I recommend holding long trades with the above-indicated targets.

It will be relevant to sell the euro when the price breaks out level 1.0561 and consolidates below. In this case, the downside target will be the lower Target Zone 1.0418 – 1.0386.

EURUSD trading ideas for today:

Hold up purchases entered at support (В) 1.0577 – 1.0561.
TakeProfit: 1.0734.
StopLoss: 1.0550.

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