EUR/USD outlook

EUR/USD outlook: Intraday 2580 is key level. Targets below are 2558, 2539, 2514, 2494 and 2463. Above targets are 2595, 2618-27 and 2665. Today’s sensible range is 2494-2595. If gold stays above 1677 and S&P stay above 1406, sensible range should be considered as 2539-2627. 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.