Round Number Holds Strong on The USDSEK Long

U.S. Dollar/Swedish KronaFXCM

Description

⋅ May 31, 2018 1:51 PM

Last post: May 20th.

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Review: Price had found support and the bulls were back in control of the market.

Update: The bulls remained in control, taking price through resistance but this week has seen price fail at the round number 9.0000.

Conclusion: Standing aside for now until the round number is confirmed as support before considering long trades.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

Sublime Trading

Comments

webvend

⋅ May 31, 2018 2:37 PM

Yes I agree I can see the push now I was in from 8.76 - I will take it at 8.95 unless I see more Buyers taking control.

Thank you for your Trading Ideas :)