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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: Scrutinizing the 1.0916 support. The pair continued to drift south yesterday and today we’ve so far been down testing the 1.0916 support, in fact prices for a short while fell a couple of points below before rebounding. Hourly wave patterns however arguing for a possible bounce back to the 1.0970-area before making a real attempt below 1.0916. EUR/JPY: Drifting lower. Slowly, slowly the pair is drifting lower trying to make way below the mid body point of last Friday’s rising ... (full story)

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