Thursday, October 15, 2026

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FxWirePro: EUR/SEK trades in narrow range ahead of Sweden’s GDP data

EUR/SEK is currently trading around 9.7142 levels. It made intraday high at 9.7183 and low at 9.7096 levels. Intraday bias remains neutral till the time pair holds key support at 9.7000 mark. A sustained close above 9.71…

By FxWirePro Team
1 min read
FxWirePro: EUR/SEK trades in narrow range ahead of Sweden’s GDP data
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  • EUR/SEK is currently trading around 9.7142 levels.
     
  • It made intraday high at 9.7183 and low at 9.7096 levels.
     
  • Intraday bias remains neutral till the time pair holds key support at 9.7000 mark.
     
  • A sustained close above 9.7130 tests key resistances around 9.7325, 9.7431, 9.7662, 9.7752, 9.7974, 9.8295, 9.8346 and 9.8555 marks respectively.
     
  • Alternatively, a daily close below 9.7130 will tests key supports at 9.7016, 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.
     
  • Sweden will release GDP data at 0730 GMT.

We prefer to take short position in EUR/SEK around 9.7250, stop loss at 9.7325 and target of 9.7000/9.6774.

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By FxWirePro Team