• The Swedish Krona surged, rebounding from a near 1-week low hit earlier in the session. 
   
• The Swedish currency benefited as the euro declined after data showed investor morale in the eurozone plunged to an all-time low in April and the bloc’s economy is in deep recession due to the coronavirus. 
   
• Sentix’s index for the eurozone fell to -42.9 from -17.1 in March. 
   
• EUR/SEK trades 0.2 percent down at 10.9702, having hit a high of 11.0327 earlier, its highest since March 31.
   
• Immediate resistance is located at 11.0462, any close above could take it near 11.0794.
   
• On the lower side, support is seen at 10.9261 (21-EMA), break below could take it till 10.9074.