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FxWirePro: Go long on EUR/SEK around 9.3290 with stop loss at 9.2928 and target of 9.3727

  • EUR/SEK is currently trading around 9.3319 levels.
     
  • It made intraday high at 9.3363 and low at 9.3145 levels.
     
  • Intraday bias remains bullish till the time pair holds key support at 9.2928 marks.
     
  • A daily close below 9.3233 will take the parity down towards key supports at 9.3031 and 9.2928 marks respectively.
     
  • On the other side, a daily close above 9.3403 is required to take the parity higher towards key resistances at 9.3515, 9.3613, 9.3972, 9.4102, 9.4682 (high of February 08, 2016) and 9.4942 marks.

We prefer to take long position in EUR/SEK around 9.3290, stop loss 9.2928 and target 9.3727/ 9.3972/ 9.4102 marks.

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