EURUSD is testing a wider short-term resistance zone at 1.3050-1.3135, USD/JPY is rushed into key long-term refs at 99.73-101.45. Some kind of profit-taking ought to emerge in this area. Key below must be the Mar high of 96.71, AUDUSD bounced off support yesterday. Also over 1.05 would put the key 1.06 ref back in focus, EURSEK should try the lower end of a contracting range in the low-8.32s, bounce briefly thereafter before breaking lower – then with 8.2550 in mind, USDSEK is testing the low end of a short-term trend-channel near 6.38. Also below 6.3170 is needed to criticize a backdrop bullish case, EURNOK U-turned from just below support. This “Spring-bottom” type of move swivels focus around to refs at 7.4830 & 7.5140, NOKSEK price action indicates that a correctional peak is in place. This would be confirmed below 1.1105.
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