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

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, USD/CAD, and AUD/NZD as provided by the technical strategy team at SEB Group. EUR/USD: Quo vadis? Since a few days the market is established below the lower boundary of the triangle but annoyingly without downside follow through. So far bids below 1.13 have repeatedly (see the downside spikes) been preventing the market from breaking below the 1.1262 key support (and barrier to a new trend low). To get any directional input the market must at least move above 1.1450 or fall below 1.1262. USD/JPY: Still looking for lower prices. The false upside break, the ... (full story)

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