Marto_Jekko

$EURSEK resistance become support.

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OANDA:EURSEK   Euro FX/Coroa Sueca
$EURSEK could be changing it stance. As mentioned in previous analysis this pair had three shooting stars already with small reversal. Before the stars were exactly in the area where we expect to see resistance. This resistance aligns with R3 YPP from 2017 and R1 YPP from 2019. The resistance level of 10.58xx remained intact for one and a half years and now it might sustain another push down as it is support now. However, I am interested if it breaks down and why I am more confident this time since CCI shows the point where it sinks under -100 which usually is sell signal. I will wait to see close under 10.60 on daily chart and will decide.

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