USDSEK Technical Analysis: Weekly Chart

In the daily 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 9.7456 & the resistance level is at 10.1354.

USDSEK will trade in the up channel until there is trend reversal.

USDSEK Technical Analysis: Daily Chart

In the daily charts, USDSEK was trading in a 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 9.9346 & the resistance level is at 10.0614.

USDSEK was trading in the up channel before there is breakout upside. 

How to Trade USDSEK this Week:

USDSEK will follow the uptrend until their trend reversal. So, remain bullish on USDSEK.

TRADE SUGGESTION- BUY AT 9.9731, TAKE PROFIT AT 10.0614 AND STOP LOSS AT 9.9346