EUR/USD
outlook: Intraday 3661-82 is key level. Targets below are 3639,
3617-12, 3594 and 3558. Above targets are 3702, 3715, 3751 and 3776.
Today’s sensible range is 3639-3702/15. If gold stays below 1293 and S&P stay below 1890, sensible range should be considered as 3612-3682. If USD/JPY remains below 101.51, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8082 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 3641, 3682 and 3715. 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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