We can see EUR/SEK drop till 10.55 as it's Friday and some long positions are being closed. Furthermore, as the currency makes lower lows, it will drive the fear of the bulls and they will close their positions to secure their profits, making EUR/SEK fall.
If you do trade this pair, do not risk more than 1% as it's very high risk.
Also, take into consideration the ~20 pip spread.
If you do trade this pair, do not risk more than 1% as it's very high risk.
Also, take into consideration the ~20 pip spread.
Commento:
I do not suggest entering this position as it could very well at any time, decide it has gone low enough and bounce back up.
Trade chiuso: obiettivo raggiunto:
For the time being.