EUR/USD
outlook: Intraday 2944-64 is key level. Targets below are 2893, 2871 and break
of this might take it steep down till 2620. Above targets are 3023 and 3040-55.
Today’s sensible range is 2871-3023. If gold stays above 1595, sensible range
top should than be considered as 3040-55. Remember that below 3023, EUR/USD
will have little safe haven status and might panic other currencies against
dollar and also the commodities. 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 3023 and 2871. 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.
From trend follow-up perspective important closing rates are areas of 3023 and 2871. 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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