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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.