• The Swedish Krona surged by more than 1 percent, retreating from a 1-weak low hit earlier in the session.
   
• The Swedish currency appreciated as the greenback eased after the World Health Organization said some treatments appear to be limiting the severity or length of the COVID-19 respiratory disease.
   
• Slight positive coronavirus news limits the greenback's appeal as a safe-haven currency as investors eye riskier asset
   
• USD/SEK trades 1.05 percent down at 9.7705, having hit a high of 9.9114 earlier, its highest since May 4.
   
• Major resistance is seen at 21-DMA.
   
• Immediate resistance is located at 10.6468, any close above could take it near 10.6627.
   
• On the lower side, support is seen at 10.5713, break below could take it till 10.5559.