EUR/USD outlook

EUR/USD outlook: Intraday 3230-41 is key level. Targets below are 3217, 3182 and 3146. Above targets are 3258, 3279-89 and 3301-14. Today’s sensible range is 3217-3279/89. If gold stays below 1279 and S&P stay below 1989, sensible range should be considered as 3182-3241. If USD/JPY remains below 103.95, positive momentum might be observed or vice versa. If EUR/GBP is trending down below 7968 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 3187, 3217 and 3240. 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