EUR/USD
outlook: Intraday 2727-2750 is key level. Targets below are 2709, 2687,
2644-58, 2618 and 2580. Above targets are 2761, 2785 and 2871. Today’s sensible
range is 2618-2871. If
gold stays above 1554, sensible range should be considered as 2687-2871. Market is rightly
headed towards what I had been saying on the blog since 11th May and
the clients had been notified of this movement way before that break of 2871
will take it steep down to 2618-2580 level ultimately. Also, we notified 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 2618 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 2618 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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