Forecast euro / dollar for today: analysis of the euro dollar - what will happen next?

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Gellert Debreceni26 / May / 21

Yesterday a priority buy pattern was implemented on the euro. The price reached the target zone of 1.2245–1.2227. Further growth will depend on the buyers' ability to consolidate above the resistance level.

Since the Target Zone has not been breached, we can expect a price correction on the asset with the first target at the Additional Zone 1.2201–1.2196. From this zone we can consider new pattern purchases.

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Gellert Debreceni

Gellert was born in Baja, later moved to Budapest. He graduated the Central European University – Department of Economics and Business. He was liable for forming an interpretation of data, and for prompting staff on financial strategy. Besides, he is engaged with conveying monetary investigation to customers and in utilizing outlines and charts to disentangle complex issues