Euro/Dollar forecast for today: EURUSD analysis 30.03.2023

The EURUSD short-term downtrend continues. The price reached the trend border, resistance (B) 1.0887 – 1.0872, following the correction yesterday. The zone hasn’t been broken out. It is still relevant to enter shorts according to the pattern with a target at the low of March 24. If the low of March 24 is broken through, the next downside target will be the lower Target Zone 1.0611 – 1.0579.

It will be relevant to buy when the short-term trend turns up via the breakout of resistance (B). In this case, the upside target will be the upper Target Zone 1.1062 – 1.1031.

EURUSD trading ideas for today:

Sell according to the pattern in the zone of 1.0829 – 1.0887.
TakeProfit: 1.0715.
StopLoss: according to the pattern rules.

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