Yesterday was an average total volume day with the classic euro risk-on currency pairs seeing the highest volume above their respective one-week averages.
– NZD/USD broke above its Sep high on rising, though not excessive volume. This increase in activity points to further NZD gains.
– EUR/SEK is seeing heavier volume against its recent range highs, suggesting downside potential.
Click here to read the full report: Technical Research
Barclays Capital