Possible long setup in USDSEK
This pair nearly retraced 61,8% from recent highs and should find great support just around 8,8 area. Several indicators, suchs as RSI and MACD are at low levels and provide a great risk/reward for a long trade.
Trade:
Long from 8,80-8,83
Stop loss: If we close below 8,7750 on a daily timeframe
Target: 9,00 // 9,10
Play safe!
Trade:
Long from 8,80-8,83
Stop loss: If we close below 8,7750 on a daily timeframe
Target: 9,00 // 9,10
Play safe!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.