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

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, AUD/NZD, and EUR/GBP as provided by the technical strategy team at SEB Group. EUR/USD: Also testing 1.2506/12 before down. A near-term 5-wave sequence has materialized though its 'wave-5 high' is still missing, likely in the 1.2506/12 zone. This move should be followed by a near-term bullish 5-wave sequence unfolds. All wrong if breaking back under 1.2402. Current intraday stretches are located at 1.2400 & 1.2525. USD/JPY: Near-term downside threat still there. Nothing new from yesterday. A top is possibly forming, which makes a 117.36 watch warranted. A ... (full story)

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