EUR/SEK Setbacks to buy

The 50-hour SMA has crossed the 200-hour SMA from below to the top. This represents a Golden Cross of the two SMAs and this speaks to the recent long scenario in the EUR/SEK.

The EUR/SEK should fall back in the vicinity of the interface, could be long placed in positions or increased. The EUR/SEK falls back below the 50-SMA, it changes the mood to neutral, while a break of the 200-SMA, suggesting an imminent downward movement.

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