EUR/USD outlook

EUR/USD outlook: Intraday 2536-62 is key level. Targets below are 2514, 2489, 2463 and 2422-34. Above targets are 2583, 2613 and 2658. Today’s sensible range is 2463-2583. If gold stays above 1665 and S&P stay above 1409, sensible range should be considered as 2514-2613. 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 2514 and 2580. 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.