Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: USD/SEK drifts towards 1-month trough, struggles to break above 21-EMA

  • The Swedish Krona nudged up, hovering towards a 1-month peak recorded in the previous session as the greenback eased across the board.
     
  • The greenback against a basket of currencies traded 0.05 percent lower at 96.72, having touched a low of 96.24 on Thursday, its lowest since June 11.
     
  • USD/SEK trades 0.2 percent down at 9.2096, having hit a low of 9.1461 the day before, its lowest since June 10.
     
  • Immediate resistance is located at 9.3088 (21-EMA), any close above could take it near 9.3476.
     
  • On the lower side, support is seen at 9.1676, break below could take it till 9.1376. 
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.