EUR/USD outlook

EUR/USD outlook: Intraday 3051-3087 is key level. Targets below are 3023, 2975 and than sharp drop to 2870. Above targets are 3146 and 3187. Today’s sensible range is 2975-3087. If gold stays above 1764 and S&P stay above 1460, sensible range should be considered as 3023-3146. 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 3146. 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.