Thu, 26 Dec 2013 08:40:52 GMT
EUR/SEK 1H Chart: Triangle
EUR/SEK shaped a triangle pattern in the first days of December. Now the pair has almost approached the apex, meaning that the breakout is likely to appear soon. However, the direction of the breakout still seems obscure as market players are strongly bullish on the pair, whereas a recent drop to the pattern's support as well as formidable resistances