Dollar swedish krona breaking 2009 highs

FX:USDSEK1W

U.S. Dollar/Swedish KronaFXCM

Description

⋅ Dec 16, 2016 8:22 AM

TL confluence resistance in the area

Comments

IvanLabrie

⋅ Dec 16, 2016 11:22 AM

I think we get a repeat of 2014.

pantheo

⋅ Dec 16, 2016 2:02 PM

@IvanLabrie, Looks like it for sure. Only a break down below flag's top line will invalidate the bull flag as a halfway pattern. Doomsday scenario of course but you're right, it's there. The same applies for dollar index too.