USDSEK: Pair May Retrace

2020-02-04 21:12:27

https://www.tradingview.com/x/zXzloipo/

Swedish krona reached a strong level of resistance.

Bulls look exhausted and rsi is strongly overbought + we see a nice sequence of rejection candles.

I believe that the pair may retrace before going further.

Target levels: 9.54 / 9.42