Published at 01:59 (GMT) 16 Jul
EUR-NOK
Corrects the the drop from 8.5475 high to reach 8.4485 high but further upside seen limited and risk is seen setback to further pressure the 8.4000 level. Break here will return focus to the downside and see setback to the 8.3705 low. [P.L]
EUR-SEK
Trade slowly drifting into consolidation and confined within the 9.2077-9.2700 range and a downside break will revive corrective pullback from 9.3887 high. Above 9.2700 will help bulls regain footing towards 9.3077/3306 hurdles. [W.T]
USD-NOK
Rally to break the 6.2000 level triggers stronger recovery to reach 6.2215 high. Further upside seen limited and risk is seen for pullback, below the 6.2000 level will see return to 6.1660 then the 6.1490 low. [P.L]
USD-SEK
Strong rally last session above 6.8020/8187 resistances confirmed a low set at 6.7605 and shifting focus higher to 6.8378, where break will see strong barrier at 6.8760 coming into play. [W.T]
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