U.S. Dollar / Swedish Krona USDSEK

 
     
 
     
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USDSEK Forex Chart

Technical Analysis Summary

USDSEK

USD SEK (US Dollar / Swedish Krona)

The U.S. Dollar vs. the Swedish Krona. At times of market stress the U.S. dollar can act as a safe-haven asset, but swings in broad-based investor trends can make the USD/SEK exchange rates very sensitive. The pair can also sensitive to relative monetary policy expectations for the Federal Reserve vs. the Riksbank, Sweden’s central bank.

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Pedro_amad0 Pedro_amad0 USDSEK, 60, Long ,
USDSEK: BUY USDSEK: breakout of a downtrend channel inside a upward chan
39 0 0
USDSEK, 60 Long
BUY USDSEK: breakout of a downtrend channel inside a upward chan

We are buying a bullish trend reversal at the bottom of an ascending channel. The stop loss was placed at the las botton and the target is at the channel top. The stop should be moved to bottoms left after the buy.

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