Small movements overnight but S&P took out the first support (in the support cluster), CRB added more confidence to a downside turn in commodities hence AUD with its three wave hourly pattern looks like a sell candidate. EURSEK fell down to a fresh low sub the initial target range 8.5470/5800, more losses likely near term (8.50?, 8.46?) possible further underpinned by a break 1.1419 in NOKSEK. EURNOK struggling lower, keep an eye at the 7.4535, BUNDS & NOTES en route new trend highs, OIL ready to take the next step lower.
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SEB tech team