Sharp topside EUR/SEK & EUR/NOK rejections

EUR/USD outside 1.2789 or 1.2845 may lend a hint of “where-from-here”. Outside 1.2605\1.2905 is needed for a bigger picture tilt… EUR/SEK rejected the topside attempt and instead points back to 9.1255 near-term… EUR/JPY posted a notable downside rejection yesterday. Over 136.60 would correctively expose 137.95 before down… Directional USD/SEK views inside 7.0990\7.2970 are near impossible… GBP/SEK trades with a short-term downside bias. Keep an eye on a wider 11.4160/11.3630 support zone, but not necessary if breaking back over 11.6450… EUR/NOK extends losses off the 8.4950 peak with higher oil (possibly towards $91 if breaking above $88) and could test supports at 9.3590 or even 8.3190/8.2970… NOK/SEK attracted buyers in the mid-1.08s and should at least retest 1.0975… The Dec Bund contract could retest ~150 if breaking below yesterday’s 150.87 low…

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