EUR/USD
outlook: Intraday 3626-36 is key level. Targets below are 3613, 3595,
3565 and 3545. Above targets are 3656, 3676, 3696 and 3714. Today’s
sensible range is 3626-3676/96. If gold stays above 1324 and S&P stay above 1971, sensible range should be considered as 3595-3656. If USD/JPY remains below 101.67, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 7942 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 3615, 3636 and 3656. 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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