EUR/USD
outlook: Intraday 3134 is key level. Targets below are 3115-09, 3093,
3070 and 3041. Above targets are 3150, 3182-88, 3217-31 and 3246.
Today’s sensible range is 3093-3150. If gold stays above 1284 and S&P stay above 2002, sensible range should be considered as 3115-3188. If USD/JPY remains below 104.17, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 7928 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 3109, 3149 and 3188. 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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