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Intraday Outlooks For EUR/USD, USD/JPY, USD/CAD - SEB
The following are the intraday outlooks for EUR/USD, USD/JPY, and USD/CAD as provided by the technical strategy team at SEB Group. EUR/USD: Checking local resistance near 1.08. The move up from yesterday's low (1.0713) looks like correctional business and it is thought to end somewhere from here to 1.0830. Back under 1.0730 would be the harbinger for fresh weekly lows and retained focus on the 1.0613 attraction/support below. Current intraday stretches are located at 1.0655 & 1.0870. USD/JPY: Below 118.93 would be renewed bearish. The downside rechecks became too deep to sustain the near-term bullish impression from ... (full story)