Chart of The Day $USDSEK 2-20-2017

On the USDSEK daily chart, we can see that the pair touched has been rejected from 38.2 % of the Fibo retracement from the recent swing down 8.9833. We need to see a daily close above this level for the upside continuation into 9.0723. Only in the case of the daily close below 8.8000, we could see a retest of 8.7500 level.

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