OANDA:USDSEK   U.S. Dollar / Swedish Krona
Digging into analyzing 2 hour USDSEK chart, the market closed at an exchange of 9.66286, crossing its support level of 9.66985 (Fib 78.6%). With Aroon (14 period) indicating further downturn and the current support levels probably becoming the new resistance, the exchange rate might dip to 9.64685 (Fib 61.8%) and recover from this point. Analyzing the 1 hour, 3 hour and 2 hour chart, they are all in support of further downturn in the exchange. I am looking into a price range of between 9.7 and 9.65 as my resistance and support levels.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out