EUR/USD is targeting the low-1.35s now. EUR/GBP looks staged to seriously test trendline support at 0.7900. NZD/USD dropout is getting legs and 0.8662/0.8612 could be targeted – once the stretch is weathered out. EUR/SEK risks failing on the upside. Needs to break 9.2710 soon or else fall back below 9.2320 and target 9.2065/9.1845. USD/SEK trades higher to test a near-term key ref at 6.8450. EUR/NOK only spiked over 8.4300 yesterday, this increases the risk for retreat back below supports at 8.4180 & 8.4010. USD/NOK trades towards a +6.2405 high. NOK/SEK rests above support at 1.0935. USD/KRW (1mt NDF) soars higher and if not respecting resistance at 1,039, 1,047 will be targeted next.
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