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Upside vulnerability in EUR/SEK

From an hourly perspective, the EUR/SEK has reached its lowest momentum reading of the last 20 days of trading.

Moreover, the recent plummeting EUR/SEK price action has been highlighted by an above-average reading in the MACD histogram.

While these momentum extremes could migrate to higher time frames, the latest hourly MACD print shows dissipation of speed, thus communicating risks of a immediate upside vulnerability.

Brazil Retail Sales (MoM) came in at 1.2%, above expectations (0.4%) in June

Brazil Retail Sales (MoM) came in at 1.2%, above expectations (0.4%) in June
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GBP/USD keeps pushing lower, near 1.2860

The Sterling keeps losing the grip on Tuesday and is now forcing GBP/USD to test the area of weekly lows in the vicinity of the 1.2860 region. GBP/US
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