SEB intraday outlook for EUR/USD - eFXnews

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Łódź) - As the eFXnews team note, the technical strategy team at SEB Group observe that EUR/USD's short-term 127.2% Fibo extension ref (1.3492) was tested and rejected on Friday.



Key quotes



"Last week's candle is a net down week nevertheless, but the long lower shadow points small 'up-before-down'."



"The key medium-term ref on any serious medium-term investor remains the yearly low at 1.3477."



"Current intraday stretches are located at 1.3480 & 1.775."



Related Forex Analysis
  1. Forex News

    EUR/USD and USD/JPY treading water – Danske

  2. Forex News

    A better outlook to come in 2015 - DB

  3. Forex News

    EUR/USD falters ahead of 1.2500

  4. Forex News

    Focus to remain on the ECB meeting for EUR next week – FXStreet

  5. Forex News

    Deflation fears set the USD apart – TDS

Trading Center