EUR/USD outlook:
Intraday 2607-2644 is key level. Targets below are 2580-86, 2548-59, 2514 and
2420-50. Above targets are 2688, 2713 and 2735-56. Today’s sensible range is 2580-2713. If gold stays below 1585 and S&P
stay below 1351, sensible range should be considered as 2548-2688. 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 > or < areas of 2580
and 2618. 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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