| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
Since the end of December, the USD/SEK exchange rate has been trading within a descending channel.
From a theoretical point of view, it is likely that the currency pair could continue to decline within the predetermined pattern in the medium term.
Meanwhile, note that the pair is pressured by the 55-, 100– and 200-period SMAs in the 8.2550/8.4250 range. Thus, a breakout south could occur, and the rate could re-test the 7.8250 level within the following trading sessions.