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SEK still the weakest of the majors today.......>

SEK
SEK: SEK still the weakest of the majors today following the Swedish CPI data
this morning coming in below market expectations. SEK also triggering important
technical signals. NOKSEK rally is extending to rapidly test the 1.0835 Feb 2017
high. A move above here opens the potential to the 1.10 area, which coincides
with the upper end of the major ascending channel. EURSEK has accelerated
through initial channel resistance on daily charts, extending the long term
trend, where the next major level comes in at 10.4490. USDSEK also generating
bullish signals with the 50-DMA breaking above the 200-DMA and just about to
break higher through the 100-DMA as well. USDSEK focus is now on the 8.4524
recent high and the 8.5280 November 2017 high.

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