EURUSD has made it back to key near-term resistance at 1.3020, but there is also support likely at 1.2975… FOMC holds the safety pin and a decisive move outside this range after their verdict is announced should show the path out of here… EURJPY holds a slightly larger top likely in place, but price action is challenging this. Below 106.90 would start showing that sellers are grabbing the upper hand again. Key resistance at/just below 108… AUDUSD is sniffing for yet another upper break, but key medium-term resistance looms at 1.0625… With no or little directional conviction EURSEK is still confined to range trading (8.59\8.67)… USD/SEK levels to watch for today at 8.63/62 & 8.66… EURNOK holds below resistance but under 7.3150 is unfortunately needed to show sellers’ determination. Over 7.3500 may force 7.3635 before down… NOKSEK failed to move higher yesterday and 1.1725 & 1.1805\15 must be watched for fresh near-term clues… EURPLN has ended up in paced dropout following an earlier failed upside attempt. This holds earlier low points at 4.0805 & 4.0600 exposed. Over 4.1375 is needed to regain a fully restored bullish posture… Mar Bunds could extend losses below 145.23 but NOT below 144.87 (to maintain a near-term bullish case). Back over 145.87 would tell that a minor correction lower is over…
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SEB tech team