EUR/USD outlook:
Intraday 2580-2618 is key level. Targets below are 2546-59, 2516 and 2419.
Above targets are 2640 and 2714-30. Today’s sensible range is 2516-2618. If gold stays above 1594 and S&P
stay above 1362, sensible range should be considered as 2546-2640. 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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