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USDSEK: Pair May Retrace

Short
U.S. Dollar / Swedish Krona (FX:USDSEK)  
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FX:USDSEK   U.S. Dollar / Swedish Krona
Trend Analysis Technical Indicators Wave Analysis Relative Strength Index (RSI) forecast USD (US Dollar)
43
2
trendanalysis indicator waveanalysis relativestrengthindex forecast usd-us-dollar
snapshot

Swedish krona reached a strong level of resistance.

Bulls look exhausted and rsi is strongly overbought + we see a nice sequence of rejection candles.

I believe that the pair may retrace before going further.

Target levels: 9.54 / 9.42

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