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EUR/SEK currency pair analysis


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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