EUR/SEK is currently trading around 9.2772 levels. It made intraday high at 9.2874 and low at 9.2579 levels. Intraday bias remains neutral till the time pair holds key resistance at 9.3114 levels. Alternatively, current …
EUR/SEK is currently trading around 9.2772 levels.
It made intraday high at 9.2874 and low at 9.2579 levels.
Intraday bias remains neutral till the time pair holds key resistance at 9.3114 levels.
Alternatively, current rebound from 9.2050 will likely to take the parity up towards key resistance at 9.3519 marks.
In addition, a sustained close below 9.29 will drag the parity down and tests key support at 9.2050 marks.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
