EUR/USD
outlook: Intraday 3675-92 is key level. Targets below are 3650, 3626
and 3601. Above targets are 3702-15, 3733 and 3768. Today’s sensible
range is 3626-3692. If gold stays below 1320 and S&P stay below 1960, sensible range should be considered as 3675-3733. If USD/JPY remains below 101.57, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8001 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 and 3715. 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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