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EUR/SEK
Long

EURSEK H4 Long

Par SquareRoots
The Euro against the Swedish Krone is showing a false breakout through support level and a successive rejection afterwards at the same support level, which to me indicates that price can go higher from here. In addition it could very well be that the sellers that are trapped now have set their stops above the consolidation area at 9.55, which would mean a fast trip to 9.60 once the 9.55 level has been taken out.
Trend Analysis
SquareRoots

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