Dollar correction took another step yesterday and is probably not yet completed (we’ll see after today’s US hearing and report). €/scandies unexpectedly fell through support but not for long, we think.
EURUSD upside correction not completed with less than overcoming 1.3210, USDJPY hourly bear flag gave way yesterday pointing next at 97.20, AUDUSD the Oz rose sharply and will likely taking a breather before 0.9345, EURSEK surprising setback but renewed buying 8.64/66 likely, USDSEK heading next for 6.55/56, EURNOK a bull flag within a bull flag, EURPLN short term clouded after suprising break of 4.2650, BONDS in demand, S&P500 hesitating at a marginally new high, OIL showing more signs of exhaustion.
Read the full report: Technical Alert
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