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USDCAD TECHS

Bull Cycle Intact

AUDUSD TECHS

Heading South

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USDSEK eye immediate resistance

USD
  • SEK remains the worst performer against the USD in G10, now down 0.85%.
  • Risk off and earlier comment from Jansson, who does not believe that high inflation will last too long, has kept the SEK offered.
  • The pair now target immediate resistance at 9.0997, the 76.4% retrace of the short term January fall.

Chart source: Bloomberg

MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com
MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com

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