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Add as a preferred source on Google FxWirePro: USD/SEK breaks above 21-EMA, jump till 9.9114 likely The Swedish Krona declined, hovering towards a 1-week low hit earlier in the week. USD/SEK trades 0.5 percent up at 9.8610, having hit a low of 9.7082 on Tuesday, its lowest since March 16. Major resistance - 21-DMA. Maj…
By FxWirePro Team May 14, 2020, 12:04 PM UTC
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The Swedish Krona declined, hovering towards a 1-week low hit earlier in the week.
USD/SEK trades 0.5 percent up at 9.8610, having hit a low of 9.7082 on Tuesday, its lowest since March 16.
Major resistance - 21-DMA.
Major support - 200-DMA.
Immediate resistance is located at 9.9166 (21-DMA), any close above could take it near 9.9430.
On the lower side, support is seen at 9.7717, break below could take it till 9.7429.
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