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Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, AUD/USD - SEB

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at SEB Group. EUR/USD: Testing the 1.3808/789 support. Dynamic support (Fibo adjusted "Tenkan-Sen" & "Kijun-Sen" and the weekly mid-body point at 1.3808/1.3789 provides support which will be up to the test. Decent resistance seems to have formed at 1.3863 (Apr11 low & Apr14 high). Current intraday stretches are distant at 1.3740 & 1.3910. USD/JPY: Resistance likely at 102.16\40. Even though the series of near-term lower highs was disrupted yesterday, resistance at 102.16\40 is anyway likely to ... (full story)

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