The pair USDSEK has been traded in a narrow range of 9 – 9.185 for almost 2 months. Followed by the breakdown of the lower boundary but it turns out to be false, and the price rapidly came back. The overall strengthening of the dollar on the world market leads to a new test of the upper boundary of the channel of 9.185. In case of an upward breakdown and price consolidation above 9.185, the next target will be 9.48.
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