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FxWirePro: EUR/SEK hits fresh 3-month low at 9.5204 mark, consistent close below targets 9.4711 mark

EUR/SEK is currently trading around 9.5437 levels. It made intraday high at 9.5447 and low at 9.5249 levels. Intraday bias remains slightly bullish till the time pair holds key support at 9.5204 marks. A daily close belo…

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FxWirePro: EUR/SEK hits fresh 3-month low at 9.5204 mark, consistent close below targets 9.4711 mark
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  • EUR/SEK is currently trading around 9.5437 levels.
     
  • It made intraday high at 9.5447 and low at 9.5249 levels.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 9.5204 marks.
     
  • A daily close below 9.5236 will take the parity down towards key supports at 9.5097, 9.4711, 9.4637, 9.4406, 9.4217 and 9.4019 marks respectively.
     
  • On the other side, a daily close above 9.5236 is required to take the parity higher towards key resistances at 9.5641, 9.5739 and 9.6143 marks respectively.

We prefer to take short position in EUR/SEK only below 9.5236, stop loss 9.5739 and target 9.4711.

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