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

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, and USD/CAD as provided by the technical strategy team at SEB Group. EUR/USD: Still liked short term higher. The pair continued its corrective climb on Friday, basically reaching the 1.0855 resistance before ending the week by giving up some of the gains made. In our view the best fitted pattern still calls for prices to be pushed slightly higher, to ideally 1.0940, in order to complete wave c within the bear triangle. USD/JPY:Violated the 118.71 support. The break below the 118.79/71 key support didn’t attract sellers enough to keep the pressure intact ... (full story)

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