Yesterday, traders were trying to break out the border of the euro short-term uptrend, zone 1.0337 – 1.0321. The zone was held up, and it is relevant to buy today.
The first upside target is the high of November 28. The second buy target is Target Zone 1.0572 – 1.0540. Enter a long trade according to a corresponding pattern.
It will be relevant to sell the EURUSD if the price breaks out level 1.0321 and consolidates below. If so, the short-term trend will turn down, and one could consider entering sell trades with a target at the lower Target Zone 1.0178 – 1.0146.
EURUSD trading ideas for today:
Buy according to the pattern at support (В) 1.0337 – 1.0321.
TakeProfit: 1.0494.
StopLoss: according to the pattern rules.