EUR/USD
outlook: Intraday 3604-27 is key level. Targets below are 3594, 3575,
3558, 3545 and 3528. Above targets are 3639, 3653 and 3682. Today’s
sensible range is 3558-3627. If gold stays above 1250 and S&P stay above 1919, sensible range should be considered as 3594-3653. If USD/JPY remains below 102.19, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8109 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 3604, 3662 and 3682. 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
No comments:
Post a Comment
Feel free to comment.