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

From efxnews.com

The following are the intraday outlooks for EUR/USD, EUR/JPY, and USD/CAD as provided by the technical strategy team at SEB Group. EUR/USD: Continues to consolidate/correct. In absence of a new test of the 1.1067/63 key support the market continued the consolidation/correction. With an hourly three wave move down since yesterday’s peak, 1.1182, is fair to assume that we will see the market making an attempt up into the 1.12’s (where the latest benchmark mid body point at 1.1232 marks a possible target). EUR/JPY: Ready to thrust lower. The bear flag that is under construction will soon be finished leaving the pair in ... (full story)

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