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- EUR/SEK trades 0.3 percent down at 10.7402, having hit a low of 10.7400 earlier, its lowest since October 1.
- Technical indicators are bearish: RSI weak at 45.43, MACD supports downside and Stochs are biased lower.
- Immediate resistance is located at 10.7870, any close above could take it near 10.8071.
- On the lower side, support is seen at 10.7301, break below could take it till 10.7085.
Recommendation: Good to sell on rallies around 10.7604, with stop loss of 10.7781, and target price at 10.7085.
