According to the last forecasts, the USDSEK currency pair reached the significant level of resistance of 9.48 followed by the downward pullback of 9.12. Now, one more upward movement is progressing and again the level of 9.48 gets in the way of “bulls”.
If the daily candlestick closes above 9.48, USDSEK can completely move to the new trading range between 9.48 and 9.7.
In case of the downward pullback from 9.48, the target for sellers will be the range around 9.12.
This content is for informational purposes only and is not intended to be investing advice.
