Trade Alert
Finally, the downside resistance line got broken. Now the big task for EURSEK is to overcome the 10.3500 barrier, which could clear the path towards higher levels. The next potential area of resistance could be seen near 10.435, marked near the high of the 26th of October.
Alternatively, a drop back down below the downside line and the 10.2880 level, would increase the chance for the pair to move lower. This is when we could start examining the previous lower levels, seen earlier this week.
Don't forget your SL.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with the Company.
Finally, the downside resistance line got broken. Now the big task for EURSEK is to overcome the 10.3500 barrier, which could clear the path towards higher levels. The next potential area of resistance could be seen near 10.435, marked near the high of the 26th of October.
Alternatively, a drop back down below the downside line and the 10.2880 level, would increase the chance for the pair to move lower. This is when we could start examining the previous lower levels, seen earlier this week.
Don't forget your SL.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with the Company.