| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Neutral | Neutral |
| Alligator (13; 8; 5) | Neutral | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The EUR/SEK currency pair has been trading in the descending channel since the middle of September.
As apparent on the chart, the exchange rate reversed north from the lower channel line at 10.14. From the theoretical point of view, the pair targets the upper channel located circa 10.36 and then reverses south in the nearest future.
However, technical indicators for the 1D and 1W suggest that the rate goes downwards within following sessions. It is likely that the rate re-tests the lower channel line located in the 10.12 area. If given channel does not hold, the rate declines to the psychological level at 10.05.