Technical Analysis – EURSEK corrects below the 200-day SMA; buyers push back
EURSEK buyers are attempting to retake control after sellers reversed the price off the capping 40-day simple moving average (SMA) and below the 100- and 200-day SMAs. The short-term oscillators concur with the short-term downtrend – both trading in bearish territory – but reflect conflicting signals in momentum. The MACD has slipped back below its […]