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

From efxnews.com

The following are the intraday outlooks for EUR/USD, EUR/JPY, USD/CAD, and NZD/USD as provided by the technical strategy team at SEB Group. EUR/USD: Flag ceiling basically met. The pair did the anticipated up and down move. The rejection from the upper boundary does now indicate that a new attempt to exit the flag to the downside should be seen next week. EUR/JPY: Looking to sell the 135.72+ move. Even though the ideal correction target, 135.68, has been reached the hourly wave pattern (a triangle created since the Oct 5 top) suggests that there will be one final move higher in order to complete the bounce from the ... (full story)

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