EUR/USD
outlook: Intraday 3182-3202 is key level. Targets below are 3166, 3146
and 3109. Above targets are 3224-32, 3250 and 3279-89. Today’s sensible
range is 3182-3232/50. If gold stays below 1282 and S&P stay below 1992, sensible range should be considered as 3166-3224.
If USD/JPY remains below 103.86, positive momentum might be observed or
vice versa. If EUR/GBP is trending down below 7970 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 and 3219. 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
No comments:
Post a Comment
Feel free to comment.