Intraday Outlooks For EUR/USD, USD/JPY, USD/CAD, NZD/USD – SEB

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From efxnews.com

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The following are the intraday outlooks for EUR/USD, USD/JPY, USD/CAD, and NZD/USD as provided by the technical strategy team at SEB Group. EUR/USD: Waiting game. Direction stalled market in the starting blocks for ECB tomorrow and it’s doubtful that a move outside the 1.1530/1.1650 parameters has sustainable chance without Draghi’s signal. Current intraday stretches are located at 1.1510 & 1.1625. USD/JPY: U-turning a target & resistance. Few are willing to play over the odds here…The high-118s worked as the strong resistance it was thought to. If today’s U-turn survives the morning session, extension would be … (full story)

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