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USDSEK

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. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
3
Bearish Analysis on USD/SEK by ThinkingAntsOk4H CHART EXPLANATION: On this timeframe we observe that price is on a small consolidation at this moment. If it breaks down and the Ascending Trendline is broken, then we will wait for a corrective structure (continuation pattern) like a triangle, pennant, flag, etc. to take this trade. The first short term target is the confluence zone between the Daily Ascending Trendline and the Support Zone at 9.5800 - 9.6000. If this zone is broken, then price has potential to reach the Support Zone at 9.2500. The long term analysis is below on the Daily chart. DAILY CHART EXPLANATION:
Short
by ThinkingAntsOk