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USDCAD TECHS

Bullish Price Structure Intact

AUDUSD TECHS

Needle Points South

US TSY OPTIONS

BLOCK, Huge 5Y Put Buy

EURJPY TECHS

Probes The Bear Trigger

USDJPY TECHS

Range Base Holds Firm

FOREX
FOREX: Eastern European currency pairs largely remain in consolidation mode
today as markets take a breather ahead of a busier data schedule later in the
week. EURPLN holds toward the upper end of its Pln4.2564-4.2691 daily range,
last Pln4.2648. Resistance remains at Pln4.2826 (76.4% Pln4.2971-4.2356), ahead
of the key Pln4.30 area (Pln4.2971 - YTD high - May9). EURHUF last at Huf315.40
and seen approaching resistance from the YTD high at Huf315.71, a break here
opens Huf316.34 (Jul18 2016 high). Poland CPI is scheduled for release tomorrow
at 0800GMT, ahead of Wednesday's MPC meeting. ING analysts note signs of little
inflation pressure and increased uncertainty among businesses may make the the
MPC rhetoric even more dovish, increasing the likelihood that interest rates
remain unchanged at a record low until the end of 2019.