HexVex

Monetary policy divergence

Long
FX:USDSEK   U.S. Dollar / Swedish Krona
5
Riksbank has introduced negative rates and a mild form of QE. Comments from the banks board suggest willingness to cut rates further and increase QE to remain on par with the EU.

Good Fridays US Non Farm Payrolls will be in focus and lets not forget markets might be thin for the holiday. This trade aims to be in profit before end of week volatility.

Open 3 positions or more for the two main targets with additional positions for a continuation. Move stops to protect positions once price has cleared them.

Good Luck!


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