EUR/USD outlook

EUR/USD outlook: Intraday 2783-2802 is key level. Targets below are 2762, 2729-46, 2673, 2649 and 2618. Above targets are 2823 and 2870. Today’s sensible range is 2673-2823. If gold stays above 1730 and S&P stay above 1429, sensible range should be considered as 2762-2870. 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 2673 and 2870. 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.