EURUSD is set on a correctional recovery, likely to meet resistance at 1.2960\75 or no later than 1.3020? NZDUSD is testing Sep?s best at 0.8357, but profit-taking also looms which could bring a 0.8309 re-test? EURGBP looks set to re-check ~0.8080\90 before lower again? EURSEK added a 2nd bullish daily candle yesterday, upping pressure on resistance at 8.6785 & 8.6850. Support likely around 8.6420? USDSEK over 6.7060 would heat it up further? EURNOK should be done ranging and soon break lower for 7.2935/7.2895? In this environment it looks just about right to break November?s NOKSEK best at 1.1815 and move the target to 1.1875? USDZAR is in a struggle around key support centered on 8.65? USDKRW has met an ideal medium-term target, so some profit-taking is more likely now ? watch 1080 from here on? EURPLN broke support, but more of the same is expected in a wider 4.1100/4.0855- range? The 10y German Mar Bund contract likely filled a ?wave-3 high? yesterday, to be followed by some retracement closer to but definitely not below 144.87 before higher again? The Mar US 10y note isn?t doing much now and outside an 133-15\133-26 range is needed to suspect that there is a fresh directional tilt again? The Dec S&P500 contract is also rangebound and outside 1397\1432 is needed to take a fresh cue on a directional bias? Jan Brent Crude rechecked resistance at a prior breaking point (lower) and should extend the retreat further. $104.09 is key below?
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SEB tech team