After the big moves, the impulsive relief moves post the EU summit, we probably will see the market digest the moves over the coming days. In general we should be looking for mid body tests (of Friday’s benchmark candles). EURUSD a 1.2550 test underway and let’s see what comes out of that, €stoxx bank index important to watch 125.74 (if broken Ursa major will be raging again), EURSEK should be cushioned by the same firm support as Friday, EURNOK a buy in the 7.52/53-area, we think, EURPLN 4.21 make or break?, BONDS looks set to trade a bit higher, EQUTIES should give up some of Friday’s gain, OIL mid body test underway.
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SEB tech team