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EURSEK - Tests Daily Channel Resistance
Euro / Swedish Krona
Short
EURSEK - Tests Daily Channel Resistance
By cccpKGB1
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Updated
Oct 10, 2019
2
Oct 10, 2019
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.
USDSEK providing additional confirmation as technicals point to chances of near term reversal.
Oct 10, 2019
Note
1 Hour chart shows price break back below channel resistance and break of rising wedge to the downside.
Oct 10, 2019
Note
USDSEK
EUR
EURSEK
falsebreakout
Parallel Channel
reversal
SEK
Support and Resistance
Trend Lines
cccpKGB1
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