13 Aug 2016
USD/SEK buyers stood their ground
The recent USD/SEK decline has pushed the daily MACD line below zero.
Momentum traders following this technical signal will now more confident that serious inroads to the USD/SEK downside can be achieved. Long-term sellers should find comfort in the fact that this signal hasn't occurred for more than three weeks on the daily charts.
Momentum traders following this technical signal will now more confident that serious inroads to the USD/SEK downside can be achieved. Long-term sellers should find comfort in the fact that this signal hasn't occurred for more than three weeks on the daily charts.