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EUR/SEK Analysis, Chart, and Trading Idea



Analytics for EUR/SEK Forex pair, based on complex analysis of modified waves, Fibonacci levels and price channels
 



The downward truncated wave structure's formation finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator and the Stochastic Oscillator. The breach of 10.3795 will result in the formation of the ascending wave structure.
 

Trading idea:

Buy at the the breach of 10.3795

Stop Loss: 10.2405

Target price levels: 10.5050; 10.7000

Author: GC
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