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Intraday Outlooks For EUR/USD, USD/JPY, AUD/NZD, EUR/CHF - SEB
The following are the intraday outlooks for EUR/USD, USD/JPY, AUD/NZD, and EUR/CHF as provided by the technical strategy team at SEB Group. EUR/USD: More buying seen above 1.2943. The move higher, and especially so if taking out 1.2943, is questioning the call for a final drop below 1.2834. The potential for a more substantial bounce will sharply be upped above 1.2943 (and also underpinned by the bullish divergence). USD/JPY: Next target met. Already today the 2002 top line was met and for a short while overrun so it is now to be seen if the spike above the trend line will kick off some profit taking or not. There ... (full story)