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Intraday Outlooks For EUR/USD, USD/JPY, AUD/NZD, USD/CAD - SEB
The following are the intraday outlooks for EUR/USD, USD/JPY, AUD/NZD, and USD/CAD as provided by the technical strategy team at SEB Group. EUR/USD: Continued upward progress. The market last night, after FOMC, printed a high at 1.2602 before retreating back to the mid 1.25’s. Despite the topside failure the market continues to progress according the correction plan. Short term, with most of the orders up to 1.26 cleared, there will possible some consolidation before making the next attempt to move on to 1.2623/40 (en route either the 1.2740/90 area or if following the textbook, 1.2888). USD/JPY: Where to find ... (full story)