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Intraday Outlooks For EUR/USD, USD/JPY, AUD/NZD, SP500 - SEB

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, AUD/NZD, and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: A new still in the making. The bear triangle yesterday traced out the last sub wave, the e-wave, and should hence now stand ready to plunge lower to a fresh low. The triangle’s theoretical target is roughly in the mid 1.32’s but anything below 1.3333 will fulfill the minimum requirement for a completed move. Following the new trend low there’s a mounting risk of a reaction back to the triangle’s high area, 1.3416/33.   USD/JPY: Should soon roll over lower. ... (full story)

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