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Intraday Outlooks For EUR/USD, EUR/JPY, NZD/USD, & US 10Y Note - SEB
The following are the intraday outlooks for EUR/USD, EUR/JPY, NZD/USD, and US 10Y Note as provided by the technical strategy team at SEB Group. EUR/USD: Support finally passed. With the late decline last week a bearish key week reversal was created (here seen as a downside continuation pattern) hence enhancing our view of a forthcoming 1.33/34-test. Given the size of Friday’s bearish candle it is likely that a minor reaction will bring the pair up to 1.3555/80 before continuing lower. EUR/JPY: Sitting at a very important support. Things are heating up as we now are about to test the former channel/wedge ceiling and ... (full story)
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