Euro/Dollar forecast for today: EURUSD analysis 30.06.2022

The short-term euro trend reversed down. Yesterday, the Intermediary Zone 1.0518 – 1.0509 was broken out. Now the sell target is the lower Target Zone 1.0422 – 1.0403.

Look for new euro sales on correction at strong resistance levels, Additional Zone 1.0485 – 1.0480 and Intermediary Zone 1.0538 – 1.0528. Focus on today’s low as the first take-profit target.

The euro purchases require a trend reversal up. To do this, traders need to break out the Intermediary Zone upside.

EURUSD trading ideas for today:

  1. Sell according to the pattern in Additional Zone 1.0485 – 1.0480.
    TakeProfit: 1.0434.
    StopLoss: according to the pattern rules.
  2. Sell according to the pattern in Intermediary Zone 1.0538 – 1.0528.
    TakeProfit: 1.0434.
    StopLoss: according to the pattern rules.





Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission
.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.