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Intraday Outlooks For EUR/USD, USD/JPY, EUR/GBP, SP500 - SEB
The following are the intraday outlooks for EUR/USD, USD/JPY, EUR/GBP, and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: Time to take this one seriously now. There should be an attempt to cover the huge European weekend gap, but on a wider scale the lift just keeps accelerating and spring highs have been taken out this morning. In a higher tier division The Mar-Jul structure now looks like a medium-term "A-B-C" targeting the 1.18s if the last few resistance pockets at 1.1534 & 1.1640 also give way. No need to say that there is a near- & short-term stretch but is there anyone to catch the ... (full story)