Euro/Dollar forecast for today: EURUSD analysis
The euro short-term uptrend continues. Yesterday, traders unsuccessfully tried to break out support (A) 1.0804 - 1.0796. Therefore, expect a buy pattern today. After its formation, it would be reasonable to open a long trade with a target at February 22 high.
If, during trading, the correction will continue with the target at support (B) 1.08714 - 1.08914.
NOTE: KEEP FOLLOWING ME FOR MORE ANALYSIS AND MORE INFORMATION ABOUT DIFFERENT PAIRS OF THE MARKET LIKE FOREX, CRYPTOCURRENCIES AND MUCH MORE.
The euro short-term uptrend continues. Yesterday, traders unsuccessfully tried to break out support (A) 1.0804 - 1.0796. Therefore, expect a buy pattern today. After its formation, it would be reasonable to open a long trade with a target at February 22 high.
If, during trading, the correction will continue with the target at support (B) 1.08714 - 1.08914.
NOTE: KEEP FOLLOWING ME FOR MORE ANALYSIS AND MORE INFORMATION ABOUT DIFFERENT PAIRS OF THE MARKET LIKE FOREX, CRYPTOCURRENCIES AND MUCH MORE.
Trade active
Trade closed: target reached
target reached successfully Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.