EUR weakness continues and EUR/USD posted the biggest weekly loser since Sept 2011, falling straight through its correction range, Spanish 10y Bono shortly violated its 7.02% key support = confirmation of new trend highs, AUDUSD rolled over to the downside and more weakness seen near term, EURSEK the minor bounce looks corrective so look after at least one more low, EURNOK (underpinned by rising USDNOK and falling NOKSEK) should on the other hand make upside progress, BUNDS & NOTES are both on track for new trend highs, €STOXX posted a very bearish price action Friday and OIL turned down from the target range.
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SEB tech team