Opportunity ahead in the currency Pair. The currency pair has seen selling pressure from higher levels. The selling pressure in the pair was intense, for 6 consecutive days selling was seen in the pair, after 6 day the pair was consolidating above the previous consolidation.

The previous consolidation has been a strong support for the currency pair, the pair is trading near the support zone. Is the pair going to again see some consolidation near previous support or we are going to see some selling pressure coming in the pair.

If the pair is able to trade above 10.40 within 5 day buying would be recommended in the pair.

EUR/SEK

Mar 28 2022