EURSEK - Tests Daily Channel Resistance

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EURSEK Testing channel resistance on daily chart.

SEK Futures show prices are approaching all time lows. As the chart shows SEK looks to be oversold and a bounce from the lows is highly probable.

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USDSEK providing additional confirmation as technicals point to chances of near term reversal.
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1 Hour chart shows price break back below channel resistance and break of rising wedge to the downside.

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USDSEK

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EUREURSEKfalsebreakoutParallel ChannelreversalSEKSupport and ResistanceTrend Lines

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