Euro/Dollar forecast for today: EURUSD analysis 31.10.2024

The euro continued its correction yesterday. As a result, the price has approached the resistance (A) 1.0884 – 1.0873. If the asset tests this zone, consider short trades with the first target of 1.0822 and the second one of 1.0761.

If the price breaks through the resistance (A) today, the correction will extend to the resistance (B) 1.0946 – 1.0929.

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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