USDSEK: Higher Low on 1W. Long opportunity.
The pair is trading on a very long term Channel Up on a monthly basis and based on the neutral 1W indicators (RSI = 54.242, MACD = 0.104, Highs/Lows = 0.0000, CCI = -24.9765) is on the Higher Low Buy Zone. This can initiate a potential rebound which makes it a medium term buy opportunity for us. The RSI on the 1D frame has also entered the Buy Zone. Our Target Zone is 10.000 - 10.100.
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