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 buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 10.0289 & the resistance level is at 10.3617.

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

USDSEK Technical Analysis: Daily Chart

In the daily charts, USDSEK is trading in an up channel. USDSEK is currently trading below 20 and 50 days SMA & above 100 days SMA.

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 10.0951 & the resistance level is at 10.2786.

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

How to Trade USDSEK this Week:

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

TRADE SUGGESTION- BUY AT 10.1656, TAKE PROFIT AT 10.2786 AND STOP LOSS AT 10.0951