EUR/USD outlook

EUR/USD outlook: Intraday 2217-41 is key level. Targets below are 2184-99, 2161-63, 2120-37, 2053-84 and then 1965. Above targets are 2281-84, 2313-26, 2356-64 and 2422. Today’s sensible range is 2053-2284. If gold stays above 1696 and S&P stay above 1369, sensible range should be considered as 2161-2364/2422. 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 2280. 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.