Technicals

Add as a preferred source on Google

EUR/SEK technical outlook

Pair is currently trading at 9.3575 levels. It made intraday high at 9.3577 and 9.3553 levels. Intraday bias remains bullish till the time pair holds key support level at 9.30 levels. A current rebound from 9.6109 ends a…

1 min read
EUR/SEK technical outlook
Image from the original EconoTimes article

Read the original article

  • Pair is currently trading at 9.3575 levels.
     
  • It made intraday high at 9.3577 and 9.3553 levels.
     
  • Intraday bias remains bullish till the time pair holds key support level at 9.30 levels.
     
  • A current rebound from 9.6109 ends at 9.3087 levels.
     
  • In addition 20, 30 and 55D EMA heads up and supports the bullish trend.
     
  • Alternatively, a daily close below 9.3831 will take the parity back around 9.30 levels.

We prefer to take long position in EUR/SEK around 9.36, stop loss 9.3551 and target 9.3675 levels.

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560