USD/SEK 4H Chart: Two scenarios likely

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)SellBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralBuyNeutral
Alligator(13;8;5)SellBuySell
SAR(0.02;0.2)SellSellBuy
Aggregate

As apparent on the chart, the USD/SEK currency pair failed to exceed the resistance level formed by the Fibo 50.00% at 9.1473.  

From the one hand, it is likely that the exchange rate could be pushed down by the 55-period moving average near 9.0000. In this case the rate could re-test the psychological level at 8.8000. 

From the other hand, it is likely that the currency pair could gain support from the 200-period moving average near 8.8250. Thus, some upside potential could prevail in the market, and the pair could re-test the Fibo 50.00%.

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