USDSEK - 240 - Wait for a 4-hour candle closeTrade idea
USDSEK is trying to recover some more of its losses made during the end of May. Of course, the pair has some obstacle to overcome first, before it could make its way higher. We need to see clear close of a 4-hour candle above the 9.472 barrier and ideally a close above the 200 EMA. Only then we will consider further upside.
Please see the chart for levels, targets and the alternative scenario.
Don't forget your stop-loss.