EUR/SEK is currently trading around 9.3472 levels. It made intraday high at 9.3534 and low at 9.3339 levels. Intraday bias remains neutral for the moment. A sustained break above 9.35 tests key resistances at 9.3967, 9.4…
EUR/SEK is currently trading around 9.3472 levels.
It made intraday high at 9.3534 and low at 9.3339 levels.
Intraday bias remains neutral for the moment.
A sustained break above 9.35 tests key resistances at 9.3967, 9.4102, 9.4682 (high of February 08, 2016) and 9.4942 marks.
Alternatively, a daily close below 9.3045 will tests key supports at 9.2612, 9.2301 (January 07, 2016 low), 9.2050 (March 16, 2016), 9.1919 and 9.1416 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.
