Technical Alert

The € correction coming closer to its end, we think. JPY rebound looks unconvincing so probably soon stronger and especially so vs. the €, EQUITIES rallying but BOND reactions muted. EURUSD seeking a down turn in the 1.3140/70 window, EURJPY a perfect mid body test will be completed at 121.99 so seek a sell around that level, USDCAD minor setback offers an opportunity to jump into the up trend, EURSEK still in a narrow range but with a small upside bias, EURNOK exited its bull flag and should take the next step higher making NOKSEK still offered, BUNDS & NOTES lower yields soon (within a day or two) back on the agenda, EQUITIES doing ok and especially US ones, OIL remains under pressure but firm support now not far away

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