Forex Pair USD/SEK – Price Forecast & Technical Analysis
03 Nov 2022
USDSEK Technical Analysis: Weekly Chart

In the weekly charts, USDSEK is trading in an up channel. USDSEK is currently trading above all SMA.
RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.
Its immediate support is 11.25000 the resistance level is at 11.27000
USDSEK Index will trade in an up channel until there is a trend reversal.
USDSEK Technical Analysis: Daily Chart

In the daily charts, USDSEK is trading in an up channel. USDSEK is currently trading above all SMA except Ma (5).
RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.
Its immediate support is 11.23000 the resistance level is at 11.28000
USDSEK will trade in an up channel until there is a trend reversal.
How to Trade USDSEK this Week:
USDSEK will follow the uptrend until its trend reversal. So, remain bullish on USDSEK.