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.

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