EUR/SEK – Bounced from its Support, What Now!
The EUR/SEK bounced from its minor support zone on a 4 hour time frame. This support zone was given in our analysis on 25th of July. The price has also broken its downward trend line which confirms that the bulls have taken the control. However, as the price has broken its upward channel previously, therefore, the lower line of this channel could still cap the upward move for this trend.
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