Technical Analysis

Hard to find anything really exciting….

AUDUSD having completed a minor bounce and stands ready to try lower, EURUSD stuck in a narrowing range, USDJPY bear triangle suggests selling to appear ahead of 78.68, EURSEK & NOKSEK stretched and possible due for a setback/congestion, EURNOK contracting range running late so directional clues sought, USDZAR returning buyers, BOND buyers lining up, EQUITIES still soft-ish, OIL pressure on the mid 112’s and GOLD near a first correctinal target.

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SEB tech team