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EUR/SEK intraday bias remains bullish with a key support at 9.3000

  • Pair is currently trading around 9.3400 levels.
     
  • It made intraday high at 9.3421 and low at 9.3195 levels.
     
  • Intraday bias remains bullish for the moment.
     
  • A daily close below 9.3000 will turn the bias bearish and drag the parity towards 9.2585 and 9.1444 marks thereafter.
     
  • On the top side, key resistance holds at 9.3659 marks. A sustained close above key resistance is required to confirm the bullish trend.

Trade idea: Go long on EUR/SEK around 9.3350, stop loss 9.30 and target 9.3610/ 9.3901 marks.

 

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