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Add as a preferred source on Google FxWirePro: EUR/SEK stabilizes above 9.77 mark, stay bullish EUR/SEK is currently trading around 9.7740 levels. It made intraday high at 9.7785 and low at 9.7500 levels. Intraday bias remains bullish for the moment. A sustained close above 9.7585 tests key resistances around 9.781…
By FxWirePro Team Jun 23, 2017, 7:58 AM UTC
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EUR/SEK is currently trading around 9.7740 levels.
It made intraday high at 9.7785 and low at 9.7500 levels.
Intraday bias remains bullish for the moment.
A sustained close above 9.7585 tests key resistances around 9.7818, 9.7999, 9.8295, 9.8346 and 9.8555 marks respectively.
Alternatively, a daily close below 9.7585 will tests key supports at 9.7420, 9.7333, 9.7251, 9.7096, 9.6774 and 9.6543 marks respectively.
Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position in EUR/SEK around 9.7680, stop loss 9.7424 and target of 9.8008.
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