Yesterday, the euro broke out the Target Zone 1.0570 – 1.0550. The next growth target is the Gold Zone 1.0656 – 1.0646. The short-term trend remains up.
Look for new euro purchases on correction in the Additional Zone 1.0566 – 1.0562. To enter purchases, wait for the zone test and find a corresponding pattern. Focus on yesterday’s high as the first target.
If the Additional Zone is broken out downside during the trading session, the correction will continue with the target in the trend border 1.0518 – 1.0509. Also, consider purchases in the trend’s border.
EURUSD trading ideas for today:
- Buy according to the pattern in Aditional Zone 1.0566 – 1.0562.
TakeProfit: 1.0613.
StopLoss: according to the pattern rules. - Buy according to the pattern in Intermediary Zone 1.0518 – 1.0509.
TakeProfit: 1.0613.
StopLoss: according to the pattern rules.