Bascially same theme as yesterday only with the difference that many markets (dollar pairs, EURSEK, EURNOK, CRB, Bonds, equities etc) now eveb closer to their respecive key junction. Short term stretched conditions might trigger a short term setback before breaking.
EURUSD support should be firming 1.3280 and down toward the 1.3145 support, USD index eyeing its take off point, 79.83, EURSEK possible a short term pause around the 9.2780 resistance (before heading higher), USDSEK soon to change big figure to 7, EURNOK immediate neckline test,USDMXN, EURHUF and EURPLN all rallying strongly, BUNDS (price) saw some responsive buying close to its key support whereas ITALIAN 10Y BTP’s broke higher from its bear triangle => target 8.15%….
CRB index close to a downside break (hurting commodity currencies), OIL bear triangle to guide the market lower, Equities still on a slippery slope and Gold small offered.
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http://www.easyforexnews.net/wp-content/uploads/2011/11/TA2511.pdf
Tech team
Skandinaviska Enskilda Banken AB
