EUR/USD
outlook: Intraday 3627-40 is key level. Targets below are 3608, 3594,
3588 and 3565. Above targets are 3663-74, 3688-96 and 3715. Today’s
sensible range is 3608-3663-74. If gold stays below 1316 and S&P stay below 1956, sensible range should be considered as 3627-3688/96. If USD/JPY remains below 101.51, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8008 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 ntrend follow-up perspective important closing rates are > or < areas of 3674, 3627 and 3612. 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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