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EUR/SEK currency pair analysis

23.03.2022

Market Review


The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Watch EUR/SEK online

Trade idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.

Stop-loss: 10.3561.

Target levels: 10.5537; 10.6905.

Author: GC
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