EUR/USD outlook:
Intraday 2814-56 is key level. Targets below are 2788, 2759 and break of this
might take it steep down till 2618 in panic situation. Above targets are
2871-84, 2944 and 3023. Today’s sensible range is 2759-2884. If gold stays
above 1560, sensible range should be considered as 2788-2944. 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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