8 May 2015
SEB: EUR/USD testing nearby support – eFXnews
FXStreet (Barcelona) - The eFXnews Team share SEB’s technical outlook for EUR/USD, with SEB noting today’s intraday stretch stands at 1.1175-1.1350.
Key Quotes
“The wave structure agues for a "wave-5 high" in place and this offers room to maneuver south from here, but to show better sellers' initiative. supports in the 1.1175/1.0955-zone must be lost again. Current intraday stretches are located at 1.1175 & 1.1350. NFP today is a main distraction.”
This content has been provided under specific arrangement with eFXnews.
Key Quotes
“The wave structure agues for a "wave-5 high" in place and this offers room to maneuver south from here, but to show better sellers' initiative. supports in the 1.1175/1.0955-zone must be lost again. Current intraday stretches are located at 1.1175 & 1.1350. NFP today is a main distraction.”
This content has been provided under specific arrangement with eFXnews.