FxWirePro: USD/SEK hits 2-month peak; jump till 9.5900 likely

• The Swedish Krona plunged to a 2- month trough, as the greenback surged across the board. 
   
• USD/SEK currently trades 0.1 percent up at 9.5690, having hit a high of 9.5764 earlier, its highest since May 29.
   
• The pair is holding well above the 9.5202 level (trendline joining 9.4996 and 9.4804).
   
• Technical indicators support upside - RSI strong at 64.58 and MACD confirms an uptrend.
   
• Stochs are sharply higher, however, likely to rollover from overbought levels, a minor dip expected. 
   
• Immediate resistance is located at 9.5901 (May 27 High), break above could take it near 9.6147 (May 29 High).
   
• On the lower side, support is seen at 9.5254 (May 30 Low), close below could dag it till 9.4796 (5-DMA)

Recommendation: Good to buy on dips around 9.5500, with stop loss of 9.5254 and target price at 9.5900.