Technical Alert: Direction for today seems mostly unclear

Direction for today seems mostly unclear and its hard to find a particular focus at the start of the week… EURUSD levels at 1.4285 & 1.4485 have to be observed and the same goes for EURJPY at 112.25 & 114.00… AUDUSD holds up well and there is upside attention while holding over ~1.07… EURSEK has to break ~9.05/15 to show direction while EURNOK has to make it outside ~7.72/7.89 to indicate a larger move… NOKSEK over 1.1805 should be monitored closely and the same goes for EURPLN over 4.0060 (and later 4.0470)… Bunds should extend Fri’s bounce higher…

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http://www.easyforexnews.net/wp-content/uploads/2011/07/TA2507.pdf

 

Tech team
Skandinaviska Enskilda Banken AB