Upbeat Sweden data put a lot of pressure on SEK shorts, traders widely positioned short SEK in response to relentless dovish C.Bank chat.
- Swedish GDP was revised up to 3.3% y/y, while unemployment rate fell to 6.4% from 6.8%
- EUR/SEK slumped to session lows at 9.3756, but pared some losses and edged higher to currently trade at 9.3941
- A close below 100/200-DMAs at 9.3745/97 could lead to significant position adjustment, cloud base at 9.3658 seen as a strong support zone
- Immediate support is seen at 9.3790 (200-Day MA) and resistance is located at 9.4360 (55-Day MA)
Resistance Levels:
R1: 9.4360 (55-Day MA)
R2: 9.4560 (Daily High Sep 7)
R3: 9.4800 (Daily High Sep 3)
Support levels:
S1: 9.3790 (200-Day MA)
S2: 9.3745 (100-Day MA)
S3: 9.3658 (Daily Cloud Base)


FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot
FxWirePro: GBP/AUD steadies above 1.9000, retains bid tone
FxWirePro- Woodies Pivot
FxWirePro: USD/JPY edges higher, remains on bullish path
FxWirePro: EUR/NZD uptrend looks tired, but continues to hold
FxWirePro: EUR/AUD gains some ground but outlook is bearish
FxWirePro: USD/ZAR advances as strong dollar and higher oil prices pressure rand
JPY Major Currency Score: Mixed Trend — USDJPY Bullish; NZDJPY, AUDJPY, GBPJPY and EURJPY Bearish
FxWirePro-The Crypto Leaderboard Dashboard
FxWirePro: USD/CAD steadies around 1.3260, retains bid tone
FxWirePro: GBP/USD slips as dollar strengthens ahead of Fed minutes
FxWirePro: USD/CAD edges lower but outlook is still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD positions for another climb, eyes 2.3700 level
FxWirePro: NZD/USD rebounds modestly but outlook is still bearish 



