EUR/USD outlook

EUR/USD outlook: Intraday 2991-3004 is key level. Targets below are 2908, 2870 and 2791. Above targets are 3051, 3075-95 and 3146. Today’s sensible range is 2870-3051. If gold stays above 1751 and S&P stay above 1452, sensible range should be considered as 2991-3095. 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 3023 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.