Technical Alert

EUR/USD below 1.2772 would argue for fresh lows. A medium-term key ref is located at 1.2661, GBP/USD is thought to drop to and below a short-term key ref located at 1.5026. Resistance is likely placed around 1.5165, EUR/JPY retains possible targets at 118.74 & 117.06, but so far respects support at 119.15. Above 122.60 is needed to put downside objectives on the backburner, EUR/SEK extends losses towards 8.2840 and possibly also 8.2550, USD/SEK must break an 8.4645-8.5475 range for fresh directional clues.

Click here to read the full report: Technical Alert

 

SEB