USDSEK Analysis 06.09.2019

The currency pair is trading in the range of the lower upward price channel. The break of the mirror level 9.6980 will give the formation of the rising pattern 123 from the lower border of the price channel.

Trading recommendations:

Buy above 9.6980.

Stop Loss under the level mirror 9.6344.

When the profit reaches the Stop order to break-even.

Target levels – 9.8380; 9.8910.