EUR/SEK: two key levels.

Jun 17, 2019

EURSEK

At a glance, we can notice two key levels in the chart (see the green and red arrows), respectively to set up a long or short trading strategy.
The long set-up is marked by the double top (see the previous resistance line), at 100% FIBO level. The short set-up is marked by the 78.60% FIBO level. The last one will be also confirmed with the break of the lower line of the parallel channel.

Jun 29, 2019

Note

The break of the 78.60% FIBO level marks the short set-up.