• EUR/SEK spikes  to 9.4678, to mutli month highs, as EUR bulls take charge, buoyed by German IFO data
  
  
• Stochs poised to cross bear side at overbought levels and thinning Ichimoku cloud suggest caution
  
  
• Immediate resistance is seen at 9.4685 (Session High Jul 27) ahead of 9.5402 (76.4% Fibo 9.6894-9.0570)
  
  
• Supports on the downside are located initially at 9.3725 (10-Day MA)and then at 9.3045 (Daily Cloud Top)
  
  

Resistance Levels: 

R3: 9.5810 (Daily High Feb 19)

R2: 9.5402 (76.4% Fibo 9.6894-9.0570)

R1: 9.4685 (Session High Jul 27)

Support Levels:

S1: 9.3725 (10-Day MA)

S2: 9.3045 (Daily Cloud Top)

S3: 9.2750 (Daily Low Jul 16)