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Intraday Outlooks For EUR/USD, USD/CAD, AUD/USD, EUR/GBP - SEB

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/CAD, AUD/USD, and EUR/GBP as provided by the technical strategy team at SEB Group. EUR/USD: Rechecking a nearby 1.1320 support?. Price action was quiet yesterday with both Japan & the U.S. closed, but the little info the market generated was some kind of high anxiety and this makes it fair to pencil in a re-test of nearby support at 11320 (more is needed to put a tentative correctional high in place). USD/CAD: Dynamic support respected. The low end of the (Fibo-adjusted) short-term "Cloud" (now at 1.2945) was respected. A move through nearby resistance at ... (full story)

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