EUR/USD outlook

EUR/USD outlook: Intraday 2514-59 is key level. Targets below are 2481, 2463, 2447 and 2413-22. Above targets are 2577, 2620 and 2661. Today’s sensible range is 2447-2577. If gold stays above 1659 and S&P stay above 1409, sensible range should be considered as 2514-2620. 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.