Technical Analysis: Technical Alert: Scandie weakness and corrections elsewhere

Most notable moves higher in EUR/scandies yesterday. Also USD/scandies have commited serious resistance violations – all worth following closely (re-checks lower likely before up)… EURUSD is correcting higher – over 1.3695 would target 1.3755\65… EURJPY is trading on the same theme and a correctional 106.20\75 re-test looks possible… AUDUSD is hunting “the perfect sell” (with local equities showing the way)… USDKRW holds a bullish set up – watch any move above 1090… EURPLN should consolidate/correct recent gains – while holding below 4.3535 – 4.2675 lie within reach… Bonds should lose a bit of its glare as they are exposed to correctional forces… S&P500 strengthens support at 1113/1110…

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http://www.easyforexnews.net/wp-content/uploads/2011/09/TA1309.pdf

 

Tech team
Skandinaviska Enskilda Banken AB