The euro is testing the short-term uptrend’s key support 1.0395 – 1.0381 but cannot pierce it. Consequently, consider long trades today. The first bullish target will be 1.0457, and the second one will be the January 27 high near 1.0533.
If the asset breaks through the support (B) 1.0395 – 1.0381 today, the uptrend will reverse. In this case, one may consider short trades with the target in the lower Target Zone 1.0257 – 1.0229.
EURUSD Trading Ideas for Today:
Buy near support (B) 1.0395 – 1.0381.
TakeProfit: 1.0457, 1.0533.
StopLoss: 1.0354.
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