Friday, October 16, 2026

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FxWirePro: EUR/SEK fails to break key resistance at 9.2676, good to sell on rallies

EUR/SEK is currently trading around 9.2570 levels. It made intraday high at 9.2651 and low at 9.2321 levels. Pair fails to break key resistance at 9.2676 and supported below 9.2600 marks. Intraday bias remains bearish fo…

By Cynthia Firey Eakin
1 min read
FxWirePro: EUR/SEK fails to break key resistance at 9.2676, good to sell on rallies
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  • EUR/SEK is currently trading around 9.2570 levels.
     
  • It made intraday high at 9.2651 and low at 9.2321 levels.
     
  • Pair fails to break key resistance at 9.2676 and supported below 9.2600 marks.
     
  • Intraday bias remains bearish for the moment.
     
  • On the top side key resistances are seen at 9.2718, 9.2774, 9.2871 and 9.3082 marks.
     
  • A daily close below 9.2129 will drag the parity down towards key supports at 9.2050/9.1471 marks.
     
  • Important to note here that 20D, 30D and 55D EMA heads down and signals bearish trend.

We prefer to take short position in EUR/SEK around 9.2580, stop loss 9.2676 and target 9.2050 marks.

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By FxWirePro Team