USD/SEK Break and Retest Pattern

USD/SEK Break and Retest Pattern

The USD/SEK shows a picture-perfect break and retest pattern after the 9.9 price level was been broken.

The price moved into 9.9 and the level held as resistance. At the same time, the US Dollar Index is also bouncing off a trendline, suggesting more potential bearishness to come.

NFP data is scheduled later for today.

 

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