EUR/USD is possibly forming a bearish “Triangle”. Watch both 1.2455 & 1.2605\14… USD/JPY just ignited its correction lower from important Fibos at 115.55\60. Below 113.15 would accelerate the downmove… AUD/USD rechecks its recent 0.8642\52 breakout zone… USD/CAD holds a “Wave-3 top” likely in place… The sub-9.2145 EUR/SEK break targets ~9.14… USD/SEK is correctively on track to test support at 7.3280/7.2970… EUR/NOK added a bearish print yesterday, pointing lower, but supposedly strong support at 8.5440/8.4950 should shore up losses… NOK/SEK is rechecking the 1.0835\45 breakout zone… The CRB index bounces higher, with oil helping out… EUR/HUF & EUR/PLN both hold bullish setups, not worth letting out of sight… The Dec Bund contract short-term correction higher is thought to ebb before long… US Dec tens rest on top of support, directionals for the day ahead unclear… The Dec S&P500 contract should extend gains towards 2,021 next…
Read the full report: Technical Alert