EUR/USD
outlook: Intraday 3611-22 is key level. Targets below are 3594, 3566
and 3545. Above targets are 3631, 3640 and 3660. Today’s sensible range
is 3566-3622. If gold stays above 1324 and S&P stay above 1985, sensible range should be considered as 3594-3640. If USD/JPY remains below 102.05, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 7943 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 and 3599. 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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