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EURO-SEK: EUR/SEK closed below trend line support on Monday (drawn from the
December 31 2018 low), although the 38.2% retracement of the January to May
rally (located at SEK10.5749) was respected on a closing basis, despite the
limited foray below, with the same holding true for the 100-DMA, which is
located at SEK10.5758 today.
- Rate last deals at SEK10.5755. Bears look for convincing breaks and closes
below the aforementioned support levels to open the way lower, while bulls will
look to quickly recover broken trend support at SEK10.6140.