Intraday Outlooks For DXY, EUR/USD, EUR/JPY, EUR/CHF, Gold - SEB
From efxnews.com
The following are the intraday outlooks for USD Index (DXY), EUR/USD, EUR/JPY, EUR/CHF and Spot Gold as provided by the technical strategy team at SEB Group. USD INDEX: Building upside pressure. With the move up from the bull flag (a break will in wave terms however not be confirmed until the b-wave high, 86.01, is taken out) it appears that the downside correction has been somewhat prematurely ended (84.20-83.89 were the thought target range). So keep monitoring 86.01 as a break will be giving the green light to a continued rise and accordingly new tops (88-ish?). An alternate wave count holds the door open ...
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