Intraday Outlooks For EUR/USD, USD/CAD, AUD/USD - SEB
From efxnews.com
The following are the intraday outlooks for EUR/USD, USD/CAD, and AUD/USD as provided by the technical strategy team at SEB Group. EUR/USD: Still in range but with a downside tit. The upside failure yesterday comprise the looks of a completed minor topside "A-B-C" but it needs a sub-1.1189 drop for confirmation. lntradaily it looks worthwhile to also keep an eye on how a 1.1205 loss is treated if/when it happens. USD/CAD: Price action turning bearish again. Players show hesitance to take on resistance in the mid- 1.23s. Yesterday's modestly lower close adds a short-term negative skew and this justifies lowered ...
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