We have been looking for a bullish breakout but it appears this bull market might have been over late November. Technicals are rolling over as the 50-day and 200-day moving averages are now trending lower meaning we have a bearish bias to this market and it is essentially following the main script for something that could turn out to be quite a large reversal.
from Tools feed https://www.tradingfloor.com/posts/usdsek-set-for-downside-price-action-6938820?utm_medium=tf4-feed&utm_source=extract
USDSEK set for downside price action
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