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Few crosses at multi year or multi decade level in G10

  • USDSEK has broken the 2020 high yesterday, and printed a 10.5419 high today.
  • Highest level since 28/02/2002.
  • EURUSD printed a 1.0235 low yesterday, and the lowest print since December 2002.
  • That level has so far held after printing 1.0239 low today.
  • Support is still eyed at 1.0233 1.382 proj of Feb 10 - Mar 7 - 31 price swing, ahead of the figure 1.0200.
  • Cable printed a 1.1899 low yesterday, lowest print since March 2020.A break below the latter, would open to 1.1841.
  • AUDUSD, although just off Yesterday's low, printed at 0.6762, the AUDUSD remains at lowest level since June 2020.
  • Next support here is seen at 0.6759, 50.0% retracement of the Mar ‘20 - Feb ‘ 21 bull cycle.
  • USDNOK breached the 2022 high yesterday and today, albeit off the high.
  • The pair trades at highest level since 19/05/20.
  • Next resistance is at 10.1528.

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