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axlmayhem87
Oct 14, 2023 1:23 PM

USD/SEK Short

U.S. Dollar / Swedish KronaFOREX.com

Description

Another pair with some good potential for a longterm currency swap play is the Swedish Krona. I am slowly starting to buy up some of the currency for a potential dip in the pairs pricing for a longer term play. I could always invest the cash on the Stockholm exchange into the sp500 when I am done buying the currency for an even longer term play

Comment

This one is off to a good start. It is at an area where it could find some support though. Tighten the stop loss and hold on. If it breaks further to the downside from here it could make for a very nice trade.
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