The common currency still on track for possible somewhat higher levels but we have also entered an area that is clustered with resistance.
EUR/USD looking for returning offers once a new high set, USDJPY new historical low on Friday and there’s more to come, USDCAD watching the 1.0044 support with interest, EURSEK bids visible through the long downside spikes, EURNOK printed also a second spring, watch the 7.7360 resistance, EM’s seems to be heading for a day or two of congestion/correction, Bonds rather neutral with perhaps Bunds having a greater downside potential, S&P500 trying it a little higher, Oil indecisive and Gold again finding bids below 1640.
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BNP Paribas
Corporate & Investment Banking