EUR/USD
outlook: Intraday 3535-58 is key level. Targets below are 3518, 3492,
3476 and 3452. Above targets are 3569, 3594-3603, 3625 and 3667. Today’s
sensible range is 3518-3492-3569. If gold stays above 1258 and S&P stay above 1948, sensible range should be considered as 3594/3603. If USD/JPY remains below 101.99, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8052 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 3545, 3594 and 3626. 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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