EUR/USD
outlook: Intraday 3594 is key level. Targets below are 3566, 3545 and
3523. Above targets are 3618-07, 3631-40 and 3659. Today’s sensible
range is 3545-3607. If gold stays above 1320 and S&P stay above 1982, sensible range should be considered as 3594-3640. If USD/JPY remains below 101.88, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 7924 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 3611 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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