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- EUR/SEK is currently trading around 9.6003 levels.
- It made intraday high at 9.6143 and low at 9.5910 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 9.6081 levels.
- A sustained close above 9.6081 tests key resistances 9.6122, 9.6217, 9.6374, 9.6592 and 9.6797 marks respectively.
- Alternatively, a daily close below 9.6081 will tests key supports at 9.5711, 9.5565, 9.5399, 9.5228, 9.5098, 9.4852, 9.4652 and 9.4310 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to go long on EUR/SEK around 9.5885, stop loss at 9.5583 and target of 9.6371.
