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FxWirePro- Woodies pivot (Major) 
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FxWirePro- Woodies pivot (Major) 
- The Swedish Krona declined after rising for two straight sessions following soft inflation figures.
- Sweden's annual inflation rate came in at 1.8 percent in December, unchanged from the previous month and matching market forecasts, while the CPIF (consumer price index measured with a fixed interest rate) was at 1.7 percent year-on-year in December, unchanged from the November and matching expectations.
- EUR/SEK trades 0.1 percent up at 10.5470, having hit a high of 10.5930 on Monday, its highest since November 26.
- Technical indicators are bullish: RSI strong at 54.47, Stochs indicate bullish crossover and MACD supports upside.
- Immediate resistance is located at 10.5690, any close above could take it near 10.5774.
- On the lower side, support is seen at 10.5095 (21-EMA), break below could take it till 10.4948.
Recommendation: Good to buy on dips around 10.5319, with stop loss of 10.5192 and target price at 10.5690.
