USDSEK Still bullish long-term


The USDSEK pair had an excellent technical bounce on the 1D MA50 (blue trend-line) following our previous analysis:

USDSEK Best levels to buy.

As you see that was our 1st suggested buy entry, so if you took the trade you can book (partial) profits and enter on the next pull-back near the diverging Higher Lows trend-line. The long-term entry is now located on the 1D MA200 (orange trend-line). We expect the pair to test the 10.4850 COVID High by the end of August.

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