Thursday, October 15, 2026

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FxWirePro: Swedish Krona erases previous gain against euro, good to buy on dips

EUR/SEK is currently trading around 9.2258 levels. It made intraday high at 9.2289 and low at 9.2129 levels. Pair fails to fall below key support at 9.2129 and supported above 9.2200 marks. Intraday bias remains bullish …

By Cynthia Firey Eakin
1 min read
FxWirePro: Swedish Krona erases previous gain against euro, good to buy on dips
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  • EUR/SEK is currently trading around 9.2258 levels.
     
  • It made intraday high at 9.2289 and low at 9.2129 levels.
     
  • Pair fails to fall below key support at 9.2129 and supported above 9.2200 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 9.2129 levels.
     
  • A daily close below 9.2129 will drag the parity down towards key supports at 9.2050/9.1471 marks.
     
  • Alternatively, current rebound from 9.2129 will likely to take the parity higher towards key resistances at 9.2718, 9.2774, 9.2871 and 9.3082 marks.
     
  • Important to note here that 20D, 30D and 55D EMA heads down and signals bearish trend.

We prefer to take long position in EUR/SEK around 9.2180, stop loss 9.2050 and target 9.2718 marks.

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By FxWirePro Team