ridethepig

ridethepig | EURSEK ST Micro Flows 2020.12.06

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ridethepig Atualizado   
FX:EURSEK   Euro FX/Coroa Sueca
We are entering into short-term technical flows for the weekly closing range after Fed flows come to an end. The growing concerns over rising virus cases will skyrocket over this weekend, expecting a flooding of negative news from mainstream media which will put Western European countries back into the crosshairs.


For the technicals, SEK is trading at a very low value the 2020 macro range called at the end of last year. Jurisdictions are clearly defined on both sides with support located at 10.4x and no interest in chasing this move any higher than 10.6x resistance.
Comentário:
Eyes on the breakup this morning...

Comentário:
Smart money still bidding euros, nothing to upate
Comentário:
A final push will do it...

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