USDSEK hitting the support of channel | A good long opportunity
Priceline of US Dollar / Swedish Krona forex pair is moving within an up channel and now hitting the channel's support.
MACD is strong bearish and stochastic is still not oversold so I would suggest to wait for MACD to turn weak bearish or for stochastic to give bull cross then take long position.
I have used Fibonacci sequence to set the targets:
Sell between: 9.71141 to 9.83034
Regards,
Atif Akbar (moon333)
MACD is strong bearish and stochastic is still not oversold so I would suggest to wait for MACD to turn weak bearish or for stochastic to give bull cross then take long position.
I have used Fibonacci sequence to set the targets:
Sell between: 9.71141 to 9.83034
Regards,
Atif Akbar (moon333)
