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Add as a preferred source on Google FxWirePro: EUR/SEK off 1-week trough, jump till 10.6992 likely EUR/SEK trades 0.2 percent up at 10.6927, having hit a low of 10.6399 earlier, its lowest since September 17. Technical indicator support upside: RSI indicates uptrend and Stochs are biased higher. Immediate resistance i…
By FxWirePro Team Sep 25, 2019, 9:16 AM UTC
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EUR/SEK trades 0.2 percent up at 10.6927, having hit a low of 10.6399 earlier, its lowest since September 17.
Technical indicator support upside: RSI indicates uptrend and Stochs are biased higher.
Immediate resistance is located at 10.6992 (21-DMA), close above could take it near 10.7308.
On the lower side, support is seen at 10.6285, break below could take it till 10.6151 (trendline joining 10.6019 and 10.6290).
Recommendation: Good to buy on dips around 10.6505, with stop loss of 10.6285, and target price at 10.6992
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