EURUSD was allowed to sneak a bit higher, but is for now stuck at resistance around 1.28, but over it would also allow for 1.2840 – 1.2773\95 before down… Under 1.2717 would be renewed bearish… EURJPY & USDJPY ought to re-test 103.00/102.50 & 80.70 before testing key 104.00 & 81.70\80 resistance again… EURSEK looks directionally confused with a recent not-so-convincing >8.6450 break. Watch 8.6100 & 8.6750 for fresh clues… USDSEK remains capped by Fibos around 6.80, but there is also support starting at 6.7400, so an upside bias should not be changed… EURNOK has picked up better upside momentum than thought and could in the process test 7.3870 before turning south again… NOKSEK can in this environment be forced to re-check 1.1670/40 before another attempt at 1.1790 is made… EURCZK has reached target ~25.60 and some two-way traffic ought to materialize, but there is strong support below to hold the overall tilt towards a weaker CZK… S&P500 looks set to set a low weekly close, if so focus would shift towards 1325 next week…
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SEB tech team