Though not so good for those still wearing euros it is… EURUSD has been allowed below the 1.3145 ref and focus turns to the even more important 1.2860 level… EURJPY holds the Sep low of 100.70 fully in sight and AUDUSD is likely to fall further – then with a possible 0.9770 objective in mind… EURSEK looks set to advance towards 9.1450 (possibly also 9.18) and EURNOK closed above resistance and should also advance further (7.8290 remains an overhead short-term key ref)… EURPLN is attacking a medium-term important 4.60 ref above which 4.6570 would come into play… S&P500 looks more offered than bid and US tens look set to test overhead resistance… Mar Bunds and Brent Crude look less directionally convincing…
Click here to read the full report:
http://www.easyforexnews.net/wp-content/uploads/2011/12/TA1412.pdf
Tech team
Skandinaviska Enskilda Banken AB
