The euro is maintaining its short-term downtrend. The price is consolidating below the key resistance 1.0329 – 1.0315. The first bearish target is 1.0253, and the second one is the January 13 low. Therefore, consider short trades today.
The asset should break through and settle above 1.0329 to reverse the trend and create buying opportunities. In this case, consider long trades with the target in the upper Target Zone 1.0481 – 1.0453, starting from next week.
EURUSD Trading Ideas for Today:
Watch the market.
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.