The following are the intraday outlooks for USD Index (DXY), EUR/USD, AUD/USD, and USD/CAD as provided by the technical strategy team at SEB Group. USD INDEX: Back above the 55d ma band. Since the rebound from the 1985 trend line (twice challenged and twice rejected from) the market has continued to build a constructive wave pattern for a forthcoming break higher. Yesterday’s close back above the 55d ma band was another positive brick in the wall and we should now turn our focus to the recent wave (1) high, 97.78, the point where we expect to see the market take off in wave (3) targeting 101.07. EUR/USD: Make or ... (full story)