ridethepig | EURSEK ST Micro Flows 2020.12.06

تم تحديثه
We are entering into short-term technical flows for the weekly closing range after Fed flows come to an end. The growing concerns over rising virus cases will skyrocket over this weekend, expecting a flooding of negative news from mainstream media which will put Western European countries back into the crosshairs.

Moment of truth for SEK


For the technicals, SEK is trading at a very low value the 2020 macro range called at the end of last year. Jurisdictions are clearly defined on both sides with support located at 10.4x and no interest in chasing this move any higher than 10.6x resistance.
ملاحظة
Eyes on the breakup this morning...

لقطة
ملاحظة
Smart money still bidding euros, nothing to upate
ملاحظة
A final push will do it...
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