EUR/USD outlook: Intraday 3030-3048 is key level. Targets below are 2991, 2962. and 2871. Above targets are 3089, 3131-42, 3170-88 and 3202. 2871 area seems maximum downside for this week if it goes bearish. Today’s sensible range is 2991-3170. If the market goes out of these ranges stay away from it as that will be an abnormal behavior from intraday trading perspective.
From trend follow-up perspective important closing rates are areas of 3146.
Note: To know the strategies and directions to trade, maintain your portfolio at Shivani Financial. The analysis given is not trading signals but the market picture.
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