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Intraday Outlooks For EUR/USD, Oil, USD/CAD - SEB
The following are the intraday outlooks for EUR/USD, Crude Oil, and USD/CAD as provided by the technical strategy team at SEB Group. EUR/USD: Bids above 1.2445 or else below 1.24. The market somewhat unexpectedly fell back to put renewed pressure on a near-term 1.2445/28 pivot/Fibo zone. Players better show bids here or else experience the onset of a drop back under 1.24 - then with targets at 1.2388 or in the 1.2374/58-zone. First-hand resistance is located at 1.2495/97. Current intraday stretches are located at 1.2405 & 1.2530. Brent Crude: 6.6% down in one session...! Massive losses incurred after OPEC. A ... (full story)