Shingi_Lesetedi

EURSEK Potential Fall?

Short
FX:EURSEK   Euro / Swedish Krona
The EURSEK has reached the monthly level 10.63053 again and we're seeing a strong rejection at this point. A double top pattern has formed with a higher second price peak and RSI divergence which could indicate a very good sell opportunity this week. More conservative text book entries can be made near the 10.46734 level. Be weary of market manipulation when placing trades at obvious levels. I'll update this post if I take the trade. Happy trading.

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