UnknownUnicorn4856712

EUR/SEK: two key levels.

OANDA:EURSEK   Euro / Swedish Krona
EURSEK

At a glance, we can notice two key levels in the chart (see the green and red arrows), respectively to set up a long or short trading strategy.
The long set-up is marked by the double top (see the previous resistance line), at 100% FIBO level. The short set-up is marked by the 78.60% FIBO level. The last one will be also confirmed with the break of the lower line of the parallel channel.
Comment:
The break of the 78.60% FIBO level marks the short set-up.
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