Technical Analysis – USDSEK completes head and shoulders pattern; sellers take control

USDSEK may continue to lose ground after diving below the neckline of the head and shoulders pattern and the fresh 9.4640 swing low. Further boosting the negative picture is the bearish crossover of the 100-day simple moving average (SMA) by the downward sloping 50-day one. The short-term oscillators are also reflecting increasing negative momentum. The […]