Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Sell | Sell | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Sell | Sell | Sell |
SAR(0.02;0.2) | Sell | Sell | Sell |
Aggregate | ⇘ | ⇘ | ⇘ |
The EUR/SEK currency pair continued to trade within the adjusted falling wedge pattern.
From a theoretical perspective, it is likely that the exchange rate could continue to move within the predetermined pattern in the medium term.
In the meantime, note that the rate is pressured by the 55-, 100– and 200-period moving averages in the 10.09/10.18 range. Thus, a breakout south could occur, and the pair could re-test the 9.75 mark.