Thursday, October 15, 2026

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FxWirePro: Swedish krona continues to fall against euro, good to buy on dips

EUR/SEK is currently trading around 9.3136 levels. It made intraday high at 9.3186 and low at 9.2920 levels. Intraday bias remains bullish for the moment. A sustained break above 9.3270 tests key resistances at 9.3495 (2…

By Cynthia Firey Eakin
1 min read
FxWirePro: Swedish krona continues to fall against euro, good to buy on dips
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  • EUR/SEK is currently trading around 9.3136 levels.
     
  • It made intraday high at 9.3186 and low at 9.2920 levels.
     
  • Intraday bias remains bullish for the moment.
     
  • A sustained break above 9.3270 tests key resistances at 9.3495 (20D, 30D and 55D EMA cross over), 9.4682 (high of February 08, 2016) and 9.4942 marks.
     
  • Alternatively, a daily close below 9.2823 will tests key supports at 9.2612, 9.2301 (January 07, 2016 low), 9.2050 (March 16, 2016), 9.1919 and 9.1416 marks.

We prefer to take long position in EUR/SEK around 9.3100, stop loss 9.2823 and target 9.3495.

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By FxWirePro Team