The euro retains an upper hand and EUR/USD is testing resistance just above. A break would leave few handles to hold onto nearby… EURCHF is thought to extend gains towards 1.2360\1.2470 with good support in the mid/low-1.22s… AUDCAD seems to be U-turning, a high session close would confirm… Nothiong much is happening in EUR/scandies, while USD/scandies are testing their respective support areas… USDCAD has dropped notably and a bullish wave count has become too complex to get straight… EURGBP is headed for the short-term key ref at 0.8847… The setback in USD/TRY is temporary and EURPLN is testing key support at market… Stocks have recovered but overhead resistance is still likely… Bonds still struggle (Bund has bearishly exited its wedge)and Brent Crude is paced to test overhead resistance pockets…
Tech Team
Skandinaviska Enskilda Banken AB