Key stories remains the stronger euro and the weak jpy and gbp. Precious metals made a substantial move higher. EURUSD failed to make the down and up move (became an up only one…) and we’re looking for a new high above 1.3404, EURJPY approaching v v imp resistances, 122.10/123.30, GBP continues to lose in both ends, EURSEK strong resistance on top of 8.70/71 should work as head wind, USDSEK some small positive signs, EURNOK a bullish key day reversal points higher still hence NOKSEK still seen soon breaking 1.1620/30, EURCHF maximum stretched but bid…, BOND prices retreating, S&P500 printing a fresh high and OIL recovered losses from earlier this week.
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SEB tech team