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InvestingScope

USDSEK: Higher Low on 1W. Long opportunity.

Long
U.S. Dollar / Swedish Krona (FX_IDC:USDSEK)  
InvestingScope  
FX_IDC:USDSEK   U.S. Dollar / Swedish Krona
Trend Analysis Chart Patterns Technical Indicators USDSEK USD SEK DJ FXCM Index dollar swedishkrona Forex Currencies currency
12
3
trendanalysis chartpattern indicator usdsek usd sek usdollar dollar swedishkrona forex currencies currency
The pair is trading on a very long term Channel Up on a monthly basis and based on the neutral 1W indicators (RSI = 54.242, MACD = 0.104, Highs/Lows = 0.0000, CCI = -24.9765) is on the Higher Low Buy Zone. This can initiate a potential rebound which makes it a medium term buy opportunity for us. The RSI on the 1D frame has also entered the Buy Zone. Our Target Zone is 10.000 - 10.100.





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