2017.04.1904:30:00UTC+00Fxwirepro: Eur/sek Hovers Around 9.60 Mark, Downside Limited

• EUR/SEK is currently trading around 9.6003 levels.
   
• It made intraday high at 9.6143 and low at 9.5910 levels.
   
• Intraday bias remains neutral till the time pair holds key resistance at 9.6081 levels.
   
• A sustained close above 9.6081 tests key resistances 9.6122, 9.6217, 9.6374, 9.6592 and 9.6797 marks respectively.
   
• Alternatively, a daily close below 9.6081 will tests key supports at 9.5711, 9.5565, 9.5399, 9.5228, 9.5098, 9.4852, 9.4652 and 9.4310 marks respectively.
   
• Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.

We prefer to go long on EUR/SEK around 9.5885, stop loss at 9.5583 and target of 9.6371.