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Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, AUD/USD - SEB
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: Time to give a little something back. The move lower has again slowed. This could of course be just another bearish consolidation, but from here it looks more like a near-term 'Round-bottom', following a full minor bearish 5-wave sequence. If this assumption is correct, recovery to least 1.3145/53 should materialize. On the downside 1.3104 is still a medium-term ref to keep in mind. Current intraday stretches are located at 1.3080 & 1.3175. USD/JPY: Sellers seem to ... (full story)
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