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cccpKGB1

EURSEK - Tests Daily Channel Resistance

Short
Euro / Swedish Krona (OANDA:EURSEK)  
cccpKGB1 Updated   
OANDA:EURSEK   Euro / Swedish Krona
Support and Resistance Trend Lines Parallel Channel EURSEK EUR SEK falsebreakout reversal
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supportandresistance trendline parallelchannel eursek eur sek falsebreakout reversal
EURSEK Testing channel resistance on daily chart.

SEK Futures show prices are approaching all time lows. As the chart shows SEK looks to be oversold and a bounce from the lows is highly probable.

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USDSEK providing additional confirmation as technicals point to chances of near term reversal.
Comment:
1 Hour chart shows price break back below channel resistance and break of rising wedge to the downside.

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Comment:
USDSEK

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