Not much is cooking at the moment… EURUSD is still in a correctional mood and so is cable… USDCHF is the exception while it shows renewed upside impulse – possibly for extension towards 0.94\0.96 later… EURSEK & EURNOK seeks deeper correctional lows, but in this, NOKSEK could extend losses into the mid/low-1.16s before up… EURPLN is ranging before extending the move higher (towards 4.5050\4.6000 in a broader perspective)… In the CEE3s EURCZK is instead on the move now and the 25-handle could soon be tested… USDKRW is also consolidating recent gains – NOT reversing it… Bonds extends the move higher (Bunds more bullish than US tens)…
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http://www.easyforexnews.net/wp-content/uploads/2011/09/TA2109.pdf
Tech team
Skandinaviska Enskilda Banken AB