EURUSD grinding higher but with poor momentum. Short term no strong directional conviction, EURJPY today’s gap and spike to be monitored very close as possible ending the upside correction, EURSEK rejected from 8.8520 but a new attempt will emerge from 8.80/82, EURNOK should take a breather and so should also NOKSEK do. Bunds and Notes looks set to digest the decline during the latter half of last week, Equties generally posted positive weekly candles last week, Oil seems set to rise further and so does GOLD.
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SEB tech team