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

From efxnews.com

The following are the intraday outlooks for EUR/USD, GBP/USD, USD/JPY, and AUD/NZD as provided by the technical strategy team at SEB Group. EUR/USD: Respecting resistance or not? Sellers were noted at local 1.2980/90 resistance yesterday. A level that needs to be broken to call for a 'V-shaped low' in place and reason to lift attention towards 1.3047 first and secondly to the 1.3110/76-area. A sustained move below 1.2908 would on the other hand question this and argues for focus back on the recent 1.2859 low. GBP/USD: The weekend gap is still open. Sellers reacted at the low end of the still open gap over the weekend ... (full story)

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