Chart of the Day USDSEK

USDSEK is testing the H&S neckline

USDSEK is testing the neckline of a possible H&S formation 9.52-9.65 zone. A break below this level is required for a downside reversal to 9 level. Now only a daily close above the 9.75 would invalidate the downside reversal.

ARMAT trading system is neutral

Note: look for the long trade entries with the stop loss above the 9.75 level

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