After a strong down-move following the dovish FOMC meeting yesterday, USD/SEK seems recovering at an important demand zone.
The pair is trading inside a rising channel and has reached near the lower channel support, which aligns with a horizontal support and the 61.8% Fib level.
Today's candle could provide the needed confirmation to enter with a long.
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The pair is trading inside a rising channel and has reached near the lower channel support, which aligns with a horizontal support and the 61.8% Fib level.
Today's candle could provide the needed confirmation to enter with a long.
Like our analysis? Please hit the "Like" button and join us on Telegram -> t.me/CommaFX