| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇘ |
The historical price movement of USD/SEK demonstrates that the pair has a tendency to trade in neat channels. The past three weeks have not been an exception.
This latest junior pattern was formed late in February when the US Dollar reversed from the upper boundary of a medium-term channel circa 8.3230 and began edging lower.
Even if this short-term pattern fails to confine the rate any for long, it is still expected that the Greenback continues its movement south within the following two weeks until the senior channel is reached in the 8.10/15 area.
Two important support areas is the 55-, 100– and 200-hour SMAs and the weekly PP circa 8.20 and the weekly S1 and the monthly PP at 8.15. A breakout of the latter might set the pair for another decline down to the psychological 8.00 level.