EUR/USD outlook

EUR/USD outlook: Intraday 2531-50 is key level. Targets below are 2514, 2463-73, 2422-35 and 2375. Above targets are 2558, 2580, 2618-25 and 2649. Today’s sensible range is 2463-2580. If gold stays above 1693 and S&P stay above 1403, sensible range should be considered as 2514-2625. 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.