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- EUR/SEK is currently trading around 9.6302 levels.
- It made intraday high at 9.6358 and low at 9.6155 levels.
- Intraday bias remains bullish till the time pair holds key support at 9.6011 levels.
- A daily close below 9.6011 will take the parity down towards key supports at 9.5910, 9.5717, 9.5611, 9.5461, 9.53 and 9.5210 marks respectively.
- On the other side, a daily close above 9.6346 is required to take the parity higher towards key resistance at 9.6455/9.6655/9.6742.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to go long on EUR/SEK around 9.6275, stop loss 9.6011 and target of 9.6455.
