Swedish krona hits fresh monthly high against Euro, intraday bias remains bearish

• Pair is currently trading around 9.3025 levels.
   
• It made intraday high at 9.3422 and low at 9.2955 levels.
   
• Pair breaks key support level at 9.3009 and bias turns bearish for the moment.
   
• A sustained break below key support will target the 9.2585 in near term and 9.1413 in long run.
   
• Alternatively, reversal from key support will drag the parity back above 9.35/ 9.3780 levels thereafter.

We prefer to take short position in EUR/SEK around 9.3015, stop loss 9.3125 and target 9.2585/ 9.1413 levels.