• The Swedish Krona rallied, drifting further away from a near 1-month low hit last week as the dollar index declined across the board. 
   
• The dollar retreated from recent peaks as demand for riskier currencies improved after the United States and China both hailed a phone call between their top trade officials as a success.
   
• USD/SEK trades 0.4 percent lower at 8.7556, having hit a high of 8.8172 on Friday, its highest since July 27.
   
• Immediate resistance is located at 8.8010, any close above could take it near 8.8276. 
   
• On the lower side, support is seen at 8.7336 (7-EMA), break below could take it till 8.7170 (21-DMA).