InvestingScope

Target hit. Rectangle intact. Short.

Short
FX_IDC:SEKJPY   SWEDISH KRONA / JAPANESE YEN
TP = 12.700 hit as the price completed the bullish 1D leg within the 1W Rectangle (RSI = 49.145, Highs/Lows = 0, Ultimate Oscillator = 50.485). After hitting the 12.845 Resistance, the pair is expected to move towards the 12.000 support. We are short again with TP = 12.200.

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