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ACROFX
31. Aug. 2016 19:45

Possible short-setup in USDSEK Short

U.S. Dollar/Swedish KronaFXCM

Beschreibung

USDSEK has now retraced 61,8% since the bottom mid-august. At current leveln (8,56), we also face some resistance. A rejection from current levels, should provide a great risk-reward setup for a short position.

Trade setup: Short from 8,56 area with stop if we close above 8,60 on daily basis. Target 1 is set at 8,48 and target 2 at 8,42.

Play safe!
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