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SEK on the defensive after the release.....>

EURO-SEK
EURO-SEK: SEK on the defensive after the release of soft Swedish CPI data (-1.0%
m/m vs median -0.7%, 1.9% y/y vs median 2.2%). EURSEK lifted to Sek10.5360 on
initial react, before second wave demand squeezed to Sek10.5529. Next resistance
seen at Sek10.5867 from the 76.4% retracement of Sek10.7291-10.1257.  

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