USDSEK - Eager for Divergence Supported Break Out

Jul 13USDSEK seems eager for a divergence supported bullish breakout. Price had broken through long term trendline and is currently testing short term corrective trendline. MACD has printed strong bullish divergence so we can expect price to bounce from support and break the short term trendline acting as dynamic resistance.

Jul 19

Comment

We had a break out, retest of trendline and now continuation in the direction of break out.

Jul 27

Trade closed: target reached