Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: EUR/SEK hovers around 10.30 mark, Sweden’s various economic data in focus

  • EUR/SEK is currently trading around 10.2972 levels.
     
  • It made intraday high at 10.3155 and low at 10.2952 levels.
     
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 10.3161 marks.
     
  • A daily close above 10.3161 is required to take the parity higher towards key resistances at 10.3380, 10.3472, 10.3556, 10.3610 and 10.3780 marks respectively.
     
  • On the other side, a daily close below 10.3161 will take the parity down towards key supports at 10.2728, 10.2116, 10.1715 and 10.1125 marks respectively.
     
  • Sweden will release various economic indicators around 0730 GMT.

We prefer to take long position in EUR/SEK only above 10.3155, stop loss 10.2728 and target 10.3556.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.