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- EUR/SEK is currently trading around 9.3167 levels.
- It made intraday high at 9.3253 and low at 9.2928 levels.
- Intraday bias remains bullish till the time pair holds key support at 9.2892 marks.
- A daily close below 9.2892 will take the parity down towards key supports at 9.2749 and 9.2391 marks respectively.
- On the other side, a daily close above 9.3431 is required to take the parity higher towards key resistances at 9.3571/9.3642/ 9.3894/ 9.3928 marks.
- On the top side, key resistances are seen at 9.3781(May 19, 2016 high), 9.3967, 9.4102, 9.4682 (high of February 08, 2016) and 9.4942 marks.
We prefer to take long position in EUR/SEK around 9.3117, stop loss 9.2892 and target of 9.3571/9.3642 marks.
