Euro/Dollar forecast for today: EURUSD analysis 28.12.2022

Euro is trading up in the short-term trend. The trend key support 1.0577 – 1.0561 was held up by buyers. The price is now rising, the upside target to break through the high of December 15. After the high is broken through, the market should continue rising to the Target Zone 1.0773 – 1.0752.

Today, it is relevant to hold up purchases up to the first target, according to the previous trading recommendations.

If the key support is broken out, it will be relevant to sell starting from the next day. In this case, the downside target will be the lower Target Zone 1.0418 – 1.0407.

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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