Participant

The USD like, against most currencies, has been in a Bull trend against SEK the past two years, but April this year saw price trade below the Ichimoku cloud on the day chart, showing signs of weakness, the market traded in a broad range for the following months and Last month broke back up above the cloud. After reaching its most recent high at 8.83577 on the 7th August it has since retraced back towards its cloud again, which should be a level of support. The weekly chart shows the Bull trend is still intact. Looks like these could be good levels to start putting on Long positions in this pair.


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