Only limited moves since Friday close. Perhaps time to catch the breath after the past two weeks returning risk appetite.
EURUSD utterly stretched in Bollinger terms (daily & weekly) but without divergences so look for a pause but not yet a turnaround attempt, USD index hovering not far above the 78.09 key supp, KIWI’s weekly bullish triangle exit points further north, EURSEK heading for a breakout test, 8.74/78?, USDSEK v v interesting bottom-ish behavior, EURNOK having moved 161.8% of first wave = pause, OBX took out 2011 peak, all time high wihtin striking distance, EURJPY exploring levls just above the previous target, BOND yields continues to move north,S&P500 higher but v v stretched, OIL trying higher but with spikes…
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SEB tech team
