USD/SEK WEEKLY TECHNICAL ANALYSIS & SIGNALS

USDSEK Technical Analysis: Weekly Chart

In the weekly charts, USDSEK is trading in an up channel.

It is trading above all SMA.

The immediate support is 9.3621 & the resistance level is at 9.4789.

USDSEK is trading in the up channel until there is a trend reversal.

USDSEK Technical Analysis: Daily Chart

In the daily charts, USDSEK is trading in a down channel.

It is trading below 20 and 50 days SMA & above 100 days SMA.

The immediate support is 9.3931 & the resistance level is 9.4723.

USDSEK is trading in the down channel until there is a trend reversal. 

How to Trade USDSEK this Week:

USDSEK will follow the downtrend until their trend reversal. So, remain bearish on USDSEK.

TRADE SUGGESTION- SELL AT 9.4330, TAKE PROFIT AT 9.3931 AND STOP LOSS AT 9.4723

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