The following are the intraday outlooks for USD Index, EUR/USD, USD/JPY, and AUD/JPY as provided by the technical strategy team at SEB Group. USD INDEX: An incomplete correction. We are now into the third day of congestion after the latest falling benchmark candle and if following the textbook the market should today or latest by tomorrow take a turn to the downside. Potential target points for the next move lower should be 84.20 and 83.89 (and the 55d ma band just beneath). EUR/USD: Looks like a bullish congestion. With repeated bids in the 1.2705/47 area there’s still scope for the pair to continue higher within a ... (full story)