USDSEK approaching support, potential for a bounce!
USDSEK is expected to drop to 1st support at 9.51551 where it could potentially react off and up to 1st resistance at 9.73694.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Usdsekshort
USDSEK approaching support, potential for a bounce!
USDSEK is expected to drop to 1st support at 9.51557 where it could potentially react off and up to 1st resistance at 9.63308.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDSEK approaching resistance, look out for potential reversal!
USDSEK is approaching its resistance at 9.67219 where it is could reverse down to its support at 9.58680.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDSEK approaching support, potential for a bounce!
USDSEK is expected to drop to 1st support at 9.67147 where it could potentially react off and up to 1st resistance at 9.76839.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDSEK approaching support, potential for a bounce!
USDSEK is expected to drop to 1st support at 9.77834 where it could potentially react off and up to 1st resistance at 9.86980.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDSEK SHORT - POSSIBLE 400-500 pip move!!Due to my analysis you can see price has reached the top of the Bollinger band, that means price has came to a certain resistance in the market. Besides the Bollinger band price has been moving with the trend it has created, which has been bullish. Since it reached the top of the trends resistance and top of the Bollinger we will go for a sell to about where last resistance was which is now support.
USDSEK approaching resistance, look out for potential reversal!
USDSEK is approaching its resistance at 9.97717 where it is could reverse down to its support at 9.83895.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.