The following are the intraday outlooks for EUR/USD, EUR/JPY, AUD/USD, and AUD/NZD as provided by the technical strategy team at SEB Group

EUR/USD: The key ref below is located at 1.1224. To conclude a correctional high in place, the near-term 1.1224 key ref must be lost again. Until then it's open for additional gains and then with 1.1460 being the next point of interest above, followed by 1.1540 and 1.1640/80. The notion of increased volatility has force widening of the perception of intraday stretches from +/-0.5% off a 21hr exponential moving average to +/-1% now at 1.1220 & 1.1450.

EURUSD

EUR/JPY: Should encounter res at 133.90/135.20. Near-term bulls are in command following a reaction to a short-term downside stretch, but they should start to feel the heat from resistance before long and in the 133.90/135.20-zone. A move back under 132.50 is however needed to conclude that a correctional high is in place. If must be staked out, possibly all the way up to 137.65/85 before selling resumes. Current intraday stretches are located at 132.40 & 135.05.

EURJPY

AUD/USD: Coming up from a stretch to...Test overhead resistance at 0.8033/75. But if/when breaking back under 0.7900 the chance of a better entry into short would dissipate. Intraday players should take notion of current intraday stretches at 0.7800 & 0.8040.

AUD/NZD: looks ripe to pop resistance at 1.0760 for extension towards next resistance 1.0835/70.

AUDUSD

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