JFD_Research

EURSEK - 240 - Signs of weakness?

FX_IDC:EURSEK   Euro / Swedish Krona
Today, EURSEK broke its short-term upside support line and traveled lower. In addition to that, the pair dropped below the 10.782 support zone , marked by the low of May 10th.
This creates a slightly more bearish atmosphere around EURSEK , at least for the short run.

Please see the chart for levels and potential targets. This is just an idea, so you decide what is comfortable for you.

Don't forget your stop-loss.

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