USDSEK under pressure!
We've recently seen USDSEK consolidate in a descending triangle after a sharp drop from 10.55 highs.
Sellers have been gaining traction as seen from the lower highs each time buyers have bought the 10.23 support.
Market has now broken below 10.23 support and if we get a rounded retest we could see sellers fully dominate and the descending triangle pattern plays out to 10.04 lows.
One for the radar!
Sellers have been gaining traction as seen from the lower highs each time buyers have bought the 10.23 support.
Market has now broken below 10.23 support and if we get a rounded retest we could see sellers fully dominate and the descending triangle pattern plays out to 10.04 lows.
One for the radar!
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