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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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USD/SEK reversed perfectly off resistance, potential for further drop!

Price is reversing strongly off our first resistance and we are expecting a further drop to our first support level.

Entry: 9.75275

50% Fibonacci retracement, 100% Fibonacci extension, horizontal swing high resistance

Take Profit : 9.51661

Why it's good : 61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support

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