InvestingScope

NZDSEK: Long the Low on the 1W Channel Down.

Long
FX_IDC:NZDSEK   NEW ZEALAND DOLLAR / SWEDISH KRONA
NZDSEK made a Lower Low on the 1W Channel Down (RSI = 39.460, MACD = -0.025, Highs/Lows = -0.0723) slightly lower than its bands suggested but it still rebounded. On a 1D basis it will face significant Resistance at 5.9440 but if broken, should extend for the full 1W Lower High near 6.050.

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