USDSEK & EURSEK charts are forming a top formation, which is the end of the very extended downside trend for the SEK (483 days).
Some kind of a mean reversion is expected towards the 9.22 area by Aug-Mid Sep.
For more fundamental points I wish to recommend Torbjörn Isaksson analysis
=> As is the case in EURUSD any pullback from here will be viewed in our books as corrective. The bounce from Feb has looked very impulsive and is underpinning this current uptrend.
=> Any retrace should be capped at 0.9789 and as such waiting for support levels here seems prudent at 0.9905 and 0.9835.
=> It will take a break of the 76.4% to open up the highs and...
There is a 3 bar reversal pattern in the monthly chart with oversold stochastics. For long term traders look to buy after the close of this month IF and ONLY IF November candlestick closes as a Bull bar.
weekly chart is pretty strong too, look to buy with any correction in the 4 Hour chart.
for day traders, trick is to buy only after a candlestick closes strongly...