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USDSEK 26 Sep 2023

USDSEK 26 Sep 2023 on the Daily timeframe. It can be seen that the pair has broken the trendline after touching the resistance. It fell from the price of 11.17198 and is now at the price of 11.06546. Although the candlestick shows the possibility of bullishness, but if you refer to the stochastic indicator, the average chart still shows that the bearish trend is still continuing. Therefore, go-short is still an option for traders. But if there is a factor that is able to influence market changes and cause a trend reversal, then go-long may become an option. Pay attention to market movements, learn many indications before making trading decisions.

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