EURUSD may have turned a correctional high or might still have some more upside ground to cover before turning south. The downside confirmation point is located at 1.3010… USDCAD trades correctively lower near-term, look for a low at 1.0250 or 1.0220. Back over 1.0310 would argue for fresh highs… AUDUSD extends the ongoing correction into 1.0345\75… EURSEK price action is still bearish, with the next heavy downside ref still someway off at 8.26/25, but short-term conditions are stretched and the reaction risk is high. Watch also 8.3350\8.3490 above…USDSEK is testing support at 6.3620/6.3530 before up. Short-term key ref on top is placed some distance away at 6.4690… EURNOK is stuck at support – keep eyes open for renewed bullish signals – 7.4635 is one ref to keep in mind… NOKSEK could drop once again. Watch <1.1180 for a trigger and objectives below 1.1165 at 1.1150/1.1050… EURGBP exited a bearish flag yesterday and it has already been rechecked – expect a turn south from here with 0.8450 targeted… USDZAR is advertising for buyers in a correctional move lower. Support likely strong in the 8.99/93-area… EURHUF is mounting energy for a +300 break before long… EURPLN next theoretical target and support is located at 4.1195-4.1160… The Mar 10y German Bund contract is seeking buyers in the 144.81/52-zone… The Jun US tens is also looking for buyers in a 131-12 / 131-00 area. It should not fall below 130-24 to maintain a short-term bullish outlook… The Mar S&P500 contract broke into fresh highs yesterday and holds a 1,569 target for the move… The Apr Brent Crude contract has been allowed to ventilate the recent drop, but should encounter fresh selling no later than $112.23\84…
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