Trade of the Day USDSEK

USDSEK is testing the upside support

 

USDSEK is retesting the strong upside support 8.6888. This pullback retest is coming after the rejection from 8.9. A bounce from here could lead to another 8.9000 upside resistance test and a possible upside continuation. A break below would lead to a significant reversal lower to an 8.4 again

Note: look for the short trade entries in case of the break below 8.6888, look for the long trade entries upon a confirmed break above 8.71000

 

USDSEK daily price action trading strategy

 

 

 

If you want to learn trading analysis and how to get to key trading levels like in this article register for Private Live mentoring with your trading evaluation.

COPY TRADING MADE EASY

Take a break from your trading routine and let some funds be run by us! Copy our trades!

 

Scroll to Top
×