TECHNICAL ANALYSTS AT SEB MERCHANT BANKING

* EURO/DOLLAR: "Yesterday sellers were found at the outlined topline resistance. The following downmove looks corrective and another attempt to break above $0.8960/70 looks likely. For today we expect support to be found no later than $0.8850/65."
* DOLLAR/YEN: "Yesterday's bullish engulfing candle together with a high close at the end of the session is a strong signal that there is more to expect on the upside. For today we focus on a new top above 124.60. Downside protected by 123.22."
* EURO/YEN: "A marginally new high, 110.79, was set yesterday as the important resistance level came into play. Some hesitation is now expected before we seee a new attempt. support found at 109.60/80."