FxWirePro: Swedish crown hits weakest level since December 2014 after soft inflation numbers, down 1 percent on day at 9.7218 crowns per euro

• EUR/SEK is currently trading around 9.6996 levels.
   
• It made intraday high at 9.7218 and low at 9.6328 levels.
   
• Intraday bias remains bullish for the moment.
   
• A daily close above 9.70 is required to take the parity higher towards key resistance at 9.7218/9.7263/9.7436/9.7945 levels.
   
• Alternatively, reversal from key resistance will take the parity down towards key supports at 9.6825, 9.6573, 9.6353, 9.5910, 9.5717, 9.5611, 9.5461, 9.53 and 9.5210 marks respectively.
   
• Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
   
• Swedish September CPI +0.2 pct month/month vs forecast +0.5 pct in Reuters poll.
   
• Swedish September CPI +0.9 pct year/year vs forecast +1.2 pct in Reuters poll.
   
• Swedish September CPIF +0.2 pct month/month vs forecast +0.6 pct in Reuters poll.
   
• Swedish September CPIF +1.2 pct year/year vs forecast +1.5 pct in Reuters poll.

We prefer to go long on EUR/SEK only above 9.7050, stop loss 9.6583 and target of 9.7263/9.7436.