EUR/USD outlook

EUR/USD outlook: Intraday 2870 is key level. Targets below are 2856, 2813, 2781, 2698 and 2649-73. Above targets are 2894, 2938 and 3023. Today’s sensible range is 2698-2894. If gold stays above 1732 and S&P stay above 1430, sensible range should be considered as 2813-2938. 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.