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NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
- The Swedish Krona rose, hovering towards a 2-week peak hit in the previous session as investors awaited domestic unemployment data due on Thursday.
- Sweden’s unemployment rate is likely to decline to 6.6 percent in September after rising to 7.1 percent in the previous month.
- EUR/SEK trades flat at 10.8200, having hit a low of 10.7936 on Tuesday, its lowest since October 2.
- Technical indicators are turning bearish on hourly charts: RSI weak at 48.14 and Stochs are biased lower.
- Immediate resistance is located at 10.8517, any close above could take it near 10.8757.
- On the lower side, support is seen at 10.7847(21-EMA)/ 10.7799, break below could take it till 10.7653 (21-DMA).
Recommendation: Good to sell on rallies around 10.8299, with stop loss of 10.8402, and target price at 10.7847.
