EUR/USD
outlook: Intraday 3629-51 is key level. Targets below are 3612, 3594,
3570 and 3558. Above targets are 3664-71, 3695 and 3702-15. Today’s
sensible range is 3594-3671. If gold stays above 1250 and S&P stay above 1946, sensible range should be considered as 3612-3695. If USD/JPY remains below 102.50, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8114 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 3664, 3644 and 3620. 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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