EUR/USD
outlook: Intraday 3825-41 is key level. Targets below are 3804, 3787,
3774, 3733-47 and 3718. Above targets are 3865-74, 3921 and 3933.
Today’s sensible range is 3787-3874. If gold stays above 1314 and S&P stay above 1864, sensible range should be considered as 3825-3921. If USD/JPY remains below 101.94, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8264 and GBP/USD is in bullish mode,
EUR/USD might remain under pressure or vice versa. 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 3841, 3804 and 3787. 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. #forex #forex_trading #eurusd
From trend follow-up perspective important closing rates are > or < areas of 3841, 3804 and 3787. 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. #forex #forex_trading #eurusd
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