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Intraday Outlooks For USD Index, EUR/USD, EUR/JPY, AUD/NZD - SEB

From efxnews.com

The following are the intraday outlooks for USD Index, EUR/USD, EUR/JPY, and AUD/NZD as provided by the technical strategy team at SEB Group. USD INDEX: Must soon break mid body res. The slow anemic rise up to the mid body point looks corrective compared to last Thursday’s falling benchmark candle. If the mid body resistance continues to cap for a few days more the risk of a new washout will sharply upped. EUR/USD: It looks and behaves as a bull flag. So far this week each and every day has fallen below the prior day’s low point only to be immediately rejected and ending in the upper end of the daily range. The ... (full story)

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