It is still moving sideaway, with maybe some bias now.
Why do I put this chart on then? The reason is that if once it breaks the key support, it can start a massive . The Key levels are still the same: 9,1440 - horizontal support below the Kumo and more importantly 9,10 - the long term uptrend line.
Of course there is still possibility that the major uptrend may continue, but given the ECB's dovishness and the fact that the mkt is pretty short on SEK in general (mainly vs USD), the probability of a trend reversal is somehow increasing.
Place your alerts, not to miss it! Anyway, I will call your attention in time, so if you keep on following me, you'll have the alert in time. :-)
Sell first trade unit when Price breaks below the 9,1440 key level. By then you will see more confirmation signals as well, for example on 4 Hrs DMI lines will widen with ADX picking up, also on the Daily chart the Chikou Span (lagging line) will drop below Price candles and the Kumo.
9,10 will still hold first, so the strategy to leverage up the short position will be either on a pull back up to Kijun Sen and Kumo, or on the break of the 9,10, which will also be a break of the long term trend line.
Initial tgt will be 8,96.