Killy_Mel
Short

FX CHART OF THE DAY: USDSEK MEAN REVERTION DOWN RISK

FX_IDC:USDSEK   U.S. Dollar/Swedish Krona
USDSEK             is breaking through the 1st standard deviation from weekly (120-h) mean after a leg of uptrend from above.

Price is likely to revert to is weekly mean for volatility recharge before going further.

Traders can pick shorts around the upper first st             deviation (at 8.70) and with target at the mean (8.65). Stops should be placed above relevant highs (at 8.76)
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