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

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD, and NZD/USD as provided by the technical strategy team at SEB Group. EUR/USD: Buyers at support. Support near 1.3790 was somewhat stronger than anticipated as buyers responded there and afterwards forced the pair into a session close near the open. Pay attention to 1.3834 & 1.3863 above and to 1.3789 below. USD/JPY: Testing sturdy resistance at 102.50. The near-term move higher, starting with multiple daily downside shadows could test but likely not break supposedly strong resistance at 102.40\50. As an alternative 102.75 could be the target for ... (full story)

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