| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
The USD/SEK currency pair has been trading down since end of May after the pair could not surpass the psychological level at the 9.7000 mark.
Given that the pair is supported by the 55-, 100– and 200-hour moving averages, it is likely, that some upside potential could prevail in the market. The exchange rate could re-test the given psychological level. If it does not hold, the rate could reach the monthly R3 at 9.8546.
Otherwise, it is likely, that a reversal south occurs. It is unlikely, that the US Dollar could drop lower than the 9.2487 mark due to the support of the Fibonacci 0.00% retracement.