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- The Swedish Krona eased to an over 1-week low as the greenback consolidated near multi-week peaks.
- The pair rallied as high as 10.7212 but finds strong resistance at 21-EMA.
- EUR/SEK trades 0.4 percent up at 10.7145, having hit a high of 10.7212 earlier, its highest since November 1.
- Technical indicators are bullish: Stochs are biased higher.
- Immediate resistance is located at 10.7240 (55-EMA), any close above could take it near 10.7418 (21-DMA).
- On the lower side, support is seen at 10.6676 (5-DMA), break below could take it till 10.6424.
Recommendation: Good to buy on dips around 10.6809, with stop loss of 10.6707 and target price at 10.7240
