EUR/USD
outlook: Intraday 3371-90 is key level. Targets below are 3349,
3330-26, 3313-01 and 3289. Above targets are 3402-10, 3428, 3452 and
3476. Today’s sensible range is 3326-3390/3402. If gold stays above 1311 and S&P stay above 1953, sensible range should be considered as 3349-3428.If USD/JPY remains below 102.45, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 8013 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 3330, 3384 and 3412. 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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