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FxWirePro: Go long on EUR/SEK around 9.35 with stop loss at 9.3450 and target of 9.3781

  • EUR/SEK is currently trading around 9.3532 levels.
     
  • It made intraday high at 9.3602 and low at 9.3455 levels.
     
  • Intraday bias remains bullish for the moment.
     
  • A sustained break above 9.37 tests key resistances at 9.3967, 9.4102, 9.4682 (high of February 08, 2016) and 9.4942 marks.
     
  • Alternatively, current downfall from 9.3781 will take the parity towards key supports at 9.3450, 9.3285, 9.3045, 9.2612, 9.2301 (January 07, 2016 low), 9.2050 (March 16, 2016), 9.1919 and 9.1416 marks.

We prefer to take long position in EUR/SEK around 9.35, stop loss 9.3450 and target 9.3781/ 9.3967 marks.

  • Market Data
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