Euro/Dollar forecast for today: EURUSD analysis 28.10.2024

The euro is testing the lower Target Zone 1.0794 – 1.0777 within the short-term downtrend. If the asset pierces this zone from above, the price may fall to the Gold Zone 1.0682 – 1.0670. If not, an upward correction will start with the target at the resistance (A) 1.0884 – 1.0873. Once this zone is tested, consider short trades with the first target of 1.0822.

EURUSD trading ideas for today:

Sell at resistance (A) 1.0884 – 1.0873.
TakeProfit: 1.0822, 1.0761.
StopLoss: 1.09046.

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