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FxWirePro: EUR/SEK stabilises above 9.46 mark- stay bullish

EUR/SEK is currently trading around 9.4615 levels. It made intraday high at 9.4749 and low at 9.4488 levels. Intraday bias remains bullish till the time pair holds key support at 9.4217 marks. A daily close below 9.4217 …

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FxWirePro: EUR/SEK stabilises above 9.46 mark- stay bullish
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  • EUR/SEK is currently trading around 9.4615 levels.
     
  • It made intraday high at 9.4749 and low at 9.4488 levels.
     
  • Intraday bias remains bullish till the time pair holds key support at 9.4217 marks.
     
  • A daily close below 9.4217 will take the parity down towards key supports at 9.4046, 9.3637, 9.3434, 9.3267, 9.2928, 9.2790 and 9.2582 marks respectively.
     
  • On the other side, a daily close above 9.48 is required to take the parity higher towards key resistances at 9.4942, 9.5183 and 9.5282 marks.

We prefer to take long position in EUR/SEK around 9.4650, stop loss 9.4217 and target 9.4942/9.5282 marks.

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