EUR/USD outlook

EUR/USD outlook: Intraday 2580-2618 is key level. Targets below are 2544-59, 2514, 2492 and 2459-72. Above targets are 2649-59, 2673, 2690 and then shoot to 2870. Today’s sensible range is 2492-2649. If gold stays above 1695 and S&P stay above 1403, sensible range should be considered as 2559-2690. 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.