Technical Analysis – USDSEK bulls take control and fracture 17-year high
USDSEK’s revived rally upwards from the 9.4925 low of August 14, saw the bulls take the reins to push the pair higher above a 17-year high of 9.6980. The Tenkan-sen average has steepened confirming the new move, whilst bullish signals also come from the 50-, 100- and 200-period simple moving averages (SMAs) as they rise […]