FX.co - EUR/SEK approaching support, potential bounce!

2019-09-13T05:55:22

Long-term review

EURSEK is approaching support where we are expecting a bounce above this level.

Entry: 10.61063

Why it's good : horizontal swing low support, 61.8% Fibonacci extension

Stop Loss : 10.57485

Why it's good : horizontal overlap support, 76.4% fibonacci retracement

Take Profit : 10.77484

Why it's good: Horizontal swing high resistance, 100% fibonacci extension, 61.8% fibonacci retracement

EUR/SEK approaching support, potential bounce!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ EUR/SEK approaching support, potential bounce!