Home About the company Daily reviews USDSEK analysis 23.06.2020

USDSEK analysis 23.06.2020

23.06.2020

Market Review

USDSEK

The currency pair is trading in the upper line of the descending price channel. A bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals overboughtness. A breakout of 9.3430 will result in the formation of a descending wave pattern within the overall downtrend.

Trading recommendations:

Sell below 9.3430.

Stop loss: 9.4766.

Target levels: 9.2400; 9.1500.

The USDSEK rate online: monitor the movement of the pair in real time.

Author: admin
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