© Dukascopy Bank SA
It seems unlikely for the pair to overcome its 200-bar SMA at 6.5284 in the days to come, and USD/SEK may continue to swing not far away from 6.4722 (daily S1). If it slid through this level, a six-week low is likely to be in place, bringing into the picture the level of 6.4577/361 (pattern's support; daily S2) that may act as a defence against a decline towards the last support level at 6.4030 (daily S3) capable to prevent a deep sell-off.
© Dukascopy Bank SA