Thu, 30 Oct 2014 08:41:47 GMT
USD/SEK 4H Chart: Broadening Rising Wedge
The US Dollar has outperformed the Swedish currency for most of this year, as since March the pair has been on a more or less constant up-trend. During this period many patterns have formed; however, currently we are seeing a broadening rising wedge pattern.
At the moment, USD/SEK has reached the highest trading level this year, also the highest level since