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Trading Idea - USD/SEK, 11-03-2024
Trading Signal: USDSEK
| Order | Buy |
| Direction | Bullish |
| Pattern | Support Line Test |
| Interval | Daily |
| Length (Candles) | 4 |
Idea Summary
The medium term USDSEK price forecast is bullish. The USDSEK price is testing a support under the 200-period moving average MA(200). Most likely the price will breach above the Fibonacci 23.6 level and rise while there is a likelihood it may decline to test the support again.
Note:
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