- EUR/SEK spikes to 9.4678, to mutli month highs, as EUR bulls take charge, buoyed by German IFO data
- Stochs poised to cross bear side at overbought levels and thinning Ichimoku cloud suggest caution
- Immediate resistance is seen at 9.4685 (Session High Jul 27) ahead of 9.5402 (76.4% Fibo 9.6894-9.0570)
- Supports on the downside are located initially at 9.3725 (10-Day MA)and then at 9.3045 (Daily Cloud Top)
R3: 9.5810 (Daily High Feb 19)
R2: 9.5402 (76.4% Fibo 9.6894-9.0570)
R1: 9.4685 (Session High Jul 27)
Support Levels:
S1: 9.3725 (10-Day MA)
S2: 9.3045 (Daily Cloud Top)
S3: 9.2750 (Daily Low Jul 16)


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