EURUSD is possibly completing a bullish triangle – IF so with a mid-133 target… USDJPY is still in its bullish drive, but a pause/small setback would be timely at key resistance with the current short-term stretch in mind… GBPUSD should test support below while EURSEK should test resistance at 8.8520… EURNOK on the other hand is helped by higher oil and looks staged to print a fesh low under 7.4820… NOKSEK in this context should extend gains towards 1.1820\50… EURPLN should also extend gains and probe thick overhead resistance again… German & US yields should drop while S&P500 should send a scout below 1350 to check support there…
Click here to read the full report: Technical Alert
SEB tech team
