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

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD and AUD/USD as provided by the technical strategy team at SEB Group. EUR/USD: Conditions remain notably stretched. A potentially bullish candle was added yesterday. Short-term conditions remains strained and a correction higher is well needed. If eroding local resistance at 1.2715/25, extension towards 1.2756/65 is the minimum move to look for. Ditch this on return below 1.2678, because it would argues for a fresh low in the making . Current intraday stretches are located at 1.2630 & 1.2750. USD/JPY: Still holds above dynamic supports. the 8day ' ... (full story)

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