EUR/USD outlook

EUR/USD outlook: Intraday 2580 is key level. Targets below are 2558-69, 2545, 2513 and 2466. Above targets are 2618, 2649 and 2673. Today’s sensible range is 2513-2618. If gold stays above 1690 and S&P stay above 1405, sensible range should be considered as 2558-2649. 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 2580 and 2618. 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.