EUR/USD outlook

EUR/USD outlook: Intraday 2514-23 is key level. Targets below are 2482-95, 2436-56, 2422 and 2367. Above targets are 2557, 2583, 2628 and 2661. Today’s sensible range is 2422-2523. If gold stays above 1656 and S&P stay above 1401, sensible range should be considered as 2482-2583. 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.