Usdsekswing
USDSEK approaching support, potential for a bounce!
USDSEK is expected to drop to 1st support at 9.40693 where it could potentially react off and up to 1st resistance at 9.49965.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Reversal ongoing!USDSEK did climb for a while now and getting closer to the highs of 2009. It couldn't make a higher high and did just broke and close below the TL. i'll be waiting for a flag or retest of the TL. IF price fail to make a higher high THEN i'll be looking for entry reason for short.
Like if you agree, follow and support please!