FxWirePro: Swedish krona weakens against euro, 9.5993 likely

• EUR/SEK is currently trading around 9.5848 levels.
   
• It made intraday high at 9.5892 and low at 9.5647 levels.
   
• Intraday bias remains bullish till the time pair holds key support at 9.5037 marks.
   
• A daily close below 9.5356 will take the parity down towards key supports at 9.5175, 9.4892, 9.4637, 9.4406, 9.4217, 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 9.5896 is required to take the parity higher towards key resistances at 9.5993, 9.6109 and 9.6742 marks.
   
• Swedish Q2 current account balance +36.0 bln SEK - stats office.

Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.