Biggest change since yesterday morning is the false downside break in multiple dollar pairs. The behavior (spring bottoms and up-thrusts) clearly speaks in favor of seeking a long dollar position for the coming days.Favoured sell = cable. EURUSD a weak attempt higher failed to print a fresh high, EURJPY responding nicely to the next target, 116.15, CABLE printing a magnificent up-thrust top…seek a sell, EURSEK hesitating below the 8.56 support = likely base for a soon to come 8.65 bounce, USDSEK spring bottom = look to go long (at least short term), EURNOK trying the lower boundary, USDZAR spring bottom from range points to a soon upside break, BUNDS down and up, US Notes will likely fill the gap to 132-25+, S&P500 Mar3 at key resistance and OIL still seen moving north.
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SEB tech team