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FxWirePro: EUR/SEK fails to sustain below key support at 9.1437, intraday bias remains neutral

EUR/SEK is currently trading around 9.1632 levels. It made intraday high at 9.1695 and low at 9.1465 levels. Intraday bias remains neutral for the moment. A daily close below 9.1437 will tests key supports at 9.1273, 9.1…

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FxWirePro: EUR/SEK fails to sustain below key support at 9.1437, intraday bias remains neutral
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  • EUR/SEK is currently trading around 9.1632 levels.
     
  • It made intraday high at 9.1695 and low at 9.1465 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close below 9.1437 will tests key supports at 9.1273, 9.1197 and 9.0846 marks.
     
  • Alternatively, reversal from 9.1197 test key resistances at 9.1773/ 9.1880/ 9.2050 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.

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