EUR/SEK intraday: the downside prevails as long as 10.2710 is resistance

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    Kiaria Yoshida

    10.2710 is our pivot point.

    Our preference is the downside prevails as long as 10.2710 is resistance. Alternative scenario is above 10.2710, look for 10.2820 and 10.2880.

    Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 10.2673 and 10.2732).

    Rob Dowel

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