Today we're taking a look at the future market direction of USD/SEK on the daily chart. You can clearly see price was trading within a horizontal channel since the beginning of 2015 and broke out during October 2016, driving price right up to 9.44500.
Price has now reached this crucial pivot point in the market, providing an excellent opportunity to go long (trading just above the 200 EMA).
If you have any additional analysis feel free to leave it below.