EUR/USD
outlook: Intraday 3636-47 is key level. Targets below are 3617-12,
3594, 3555 and 3522. Above targets are 3667, 3682-96 and 3715. Today’s
sensible range is 3612-3682/96. If gold stays below 1273 and S&P stay below 1913, sensible range should be considered as 3555-3647. If USD/JPY remains below 101.81, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8101 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, 3636 and 3617. 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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