EUR/USD
outlook: Intraday 3671-93 is key level. Targets below are 3655, 3639,
3617-12 and 3594. Above targets are 3710-18, 3732, 3768 and 3787.
Today’s sensible range is 3655-3732/68. If gold stays below 1293 and S&P stay below 1881, sensible range should be considered as 3639-3693/3718. If USD/JPY remains below 101.45, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8096 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 3639, 3682, 3715 and 3739. 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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