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Few technical to watch

FOREX
  • The Dollar remains on the back foot since the Cash Govie open, an overnight continuation, following the Fed yesterday and we have a few interesting levels coming in few pairs/crosses.
  • EURUSD is short of testing the 1.1095, the April high and the highest print since 30/03/22.
  • Above the latter, sees 1.1127 1.00 projection of the Mar 15 - 23 - 24 price swing.
  • Cable eye immediate resistance at 1.2599 High Jun 7 2022.
  • Best performer is the SEK, with immediate support at 10.200, followed by 10.1514, the December low, and lowest since August 2022.

Chart source: MNI/Bloomberg

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