The EURUSD was corrected up in the short-term downtrend. The price has reached resistance (A) 1.0829 – 1.0819 today. One could enter sell trades in the resistance zone with a target at the low of March 24. If this low is broken through, the next downside target will be the lower Target Zone 1.0611 – 1.0579.
If resistance (A) is broken out, the price will reach resistance (B) 1.0887 – 1.0872. One could also enter short trades in the second resistance zone with a target at the low of March 24.
EURUSD trading ideas for today:
- Sell according to the pattern at resistance (А) 1.0829 – 1.0819.
TakeProfit: 1.0715.
StopLoss: according to the pattern rules. - Sell according to the pattern at resistance (В) 1.0887 – 1.0872.
TakeProfit: 1.0715.
StopLoss: according to the pattern rules.
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