EUR/USD
outlook: Intraday 3365-84 is key level. Targets below are 3349, 3330,
3317, 3301-3294 and 3279. Above targets are 3395-3403, 3431, 3452,
3465-76 and 3501. Today’s sensible range is 3349-3431/52. If gold stays below 1302 and S&P stay below 1924, sensible range should be considered as 3317-3395/3403. If USD/JPY remains below 102.15, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 7923 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 3431. 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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