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- The Swedish Krona rallied to a 1-week peak as the euro eased across the board.
- EUR/SEK trades 0.1 percent down at 10.5181, having hit a low of 10.5173 earlier, its lowest since November 29.
- Technical indicators are bearish: RSI weak at 32.61, Stochs are at oversold levels and MACD supports downside.
- Immediate resistance is located at 10.5562, any close above could take it near 10.5686.
- On the lower side, support is seen at 10.5123, break below could take it till 10.4966.
Recommendation: Good to sell on rallies around 10.5250, with stop loss of 10.5478, and target price at 10.4966.
