| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Neutral |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The EUR/SEK exchange rate jumped to the 10.65 level and reversed south.
From the one hand, it is likely that the currency pair could gain support from the 100– and 200-period moving averages in the 10.45 area. Thus, the pair could re-test the psychological level at 10.70.
On the other hand, it is likely that the exchange rate could face the resistance provided by the 55-period moving average near 10.50. Thus, some downside potential could prevail in the market, and the rate could re-test the support level—the Fibo 38.20% at 10.33.