UPDATE: EURSEK gradually seeing gentle turn around. Will see more bulls soon, causing aggressive rally.
Bullish demand seen on the retracement of the bull impulse leg. There is strong a strong Fibonacci confluence support level implying there is a hidden support here, which is a reliable launch pad for a rally. Nice rounded bottom after the impulse, expecting nice shift of demand from bears to bulls, before a move to the upside, probably in the form of a 3 wave impulse move.
I hope you have a tested trading strategy to trade this move when it starts
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.