Usdsekbreakout
USDSEK approaching support, potential for a bounce!
USDSEK is expected to drop to 1st support at 9.40693 where it could potentially react off and up to 1st resistance at 9.49965.
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Losses can exceed the initial investment so please ensure you fully
understand the risks.
Reversal ongoing!USDSEK did climb for a while now and getting closer to the highs of 2009. It couldn't make a higher high and did just broke and close below the TL. i'll be waiting for a flag or retest of the TL. IF price fail to make a higher high THEN i'll be looking for entry reason for short.
Like if you agree, follow and support please!