The common currency under increasing pressure with the EUR index in a pre break position (already having confirmed a completed three wave corrective pattern to the topside).
EURUSD is rapidly moving to the point of no return, 1.3838. EURJPY likewise with 106.50 in focus, EURGBP 0.8644 same thing,$ index on the verge of breaking higher – 76.72 a must watch,EURSEK & EURNOK likely to pause in roughly a ten big figure range whereas USD/SEK/NOK looks set to move higher, testing the high end of their respective range, USDTRY soon to accelerate its advance (1.80 soon to go), EURPLN took out another milestone yesterday en route 4.3125/3300, BONDS corrective forces still at play, correction is still the main theme for equities, Oil – finally peaking? and GOLD have again turned bid.
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http://www.easyforexnews.net/wp-content/uploads/2011/09/TA0909.pdf
Tech team
Skandinaviska Enskilda Banken AB
