Today’s highlights:
* EUR/GBP: The .7950/64 barrier continues to cap and only above it would signal a base.
* EUR/JPY: The stalemate sees prices in a range, but while trend support at 97.30 is intact recovery risks remain to 100.00/01 ahead of 100.72 where we would expect selling.
* EUR/SEK: Only above 8.3822 would see a firmer base for 8.5052.
* EUR/NOK: Trend resistance at 7.3775 continues to cap to keep the medium-term downtrend in place.
* NOKSEK: The break above 1.1406/15 marks a firmer base for 1.1485.
* AUDNZD: Above 1.2942 is needed to turn the bias higher again in the range for 1.3047 ahead of the range high at 1.3088.
Today’s trades/positions:
* EUR/GBP: Short at .7930, stop/reverse at .7969 for .7815.
* EUR/JPY: Long, stop below 97.70 for 100.00.
* EUR/SEK: Short at 8.3570, stop/reverse at 8.3850 for 8.1740.
* EUR/NOK: Short at 7.4316/29, stop at 7.4860 for 7.2200.
* NOK/SEK: Flat, sell at 1.1485, stop at 1.1535.
* AUD/NZD: Flat, buy at 1.2860, stop at 1.2802 for 1.3000.
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Credit Suisse