EUR/USD
outlook: Intraday 3144 is key level. Targets below are 3118, 3109, 3093
and 3068. Above targets are 3151, 3178-82, 3217 and 3232. Today’s
sensible range is 3118-3182/3217. If gold stays below 1272 and S&P stay below 2003, sensible range should be considered as 3093-3151. If USD/JPY remains below 104.85, positive momentum might be observed or vice versa.
If EUR/GBP is trending down below 7972 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, 3144 and 3178. 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.