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Fades post PPI, consumer inflation.........>

EURO-SEK
EURO-SEK: Fades post PPI, consumer inflation expectations and unemployment rate
gains to hold Sek10.5120/50. Tuesday's gains were capped ahead of the 100-dma
(Sek10.5794) and subsequently formed a Gravestone Doji candle. This is a bearish
reversal with the downtrend extending to Sek10.4942. Key support remains at
Sek10.4880/00 which holds support from a previous series of lows, a break here
opens the 200-dma at Sek10.4629 (not closed below since Jan 25), ahead of the
Apr 23 low at Sek10.4410. Last Sek10.5170.  

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