FxWirePro: EUR/SEK hovers towards 7-week peak on Sweden's soft household consumption

• The Swedish Krona eased, drifting closer to a 7-week low hit in the previous session following soft household consumption data.
   
• Sweden's household consumption was unchanged in November, following a downwardly revised 0.1 percent growth in October.
   
• EUR/SEK trades 0.1 percent up at 10.5462, having hit a high of 10.5930 on Monday, its highest since November 26.
   
• Technical indicators are bullish: RSI strong at 54.33, Stochs are biased higher and MACD supports upside.
   
• Immediate resistance is located at 10.5690, any close above could take it near 10.5774.
   
• On the lower side, support is seen at 10.5133 (10-DMA), break below could take it till 10.5077 (21-EMA).

Recommendation: Good to buy on dips around 10.5405, with stop loss of 10.5254 and target price at 10.5690.