Euro/Dollar forecast for today: EURUSD analysis

Yesterday, euro traders once again tested the Intermediary Zone 1.0016 – 1.0005. The trend key resistance was held. Today it is profitable to hold yesterday’s sales, or open new ones according to the pattern with the target in August 23 low.

If the August 23 low is updated, the decline is likely to continue in the Gold Zone 2, 0.9838 – 0.9828.

To enter euro purchases, traders need to update yesterday’s high.

EURUSD trading ideas for today:

Sell according to the pattern in Intermediary Zone 1.0016 – 1.0005.
TakeProfit: 0.9902.
StopLoss: according to the pattern rules.

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