EUR/USD
outlook: Intraday 3702-18 is key level. Targets below are 3682, 3670,
3661 and 3644. Above targets are 3738, 3755, 3781 and 3809. Today’s
sensible range is 3682-3755. If gold stays above 1298 and S&P stay above 1868, sensible range should be considered as 3661-3738. If USD/JPY remains below 103.51, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8275 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 3682, 3738 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 3682, 3738 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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