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Note that the EURSEK trade of the week.....>

EURO-SEK
EURO-SEK: Note that the EURSEK trade of the week from Citi is similar to our POV
that we published Thursday 09:30GMT last week (see POV: EURSEK DESCENDING
TRIANGLE SUPPORT BROKEN).
- We noted that EURSEK had broken the 200-dma and 10.2855 support levels and
then closed below to confirm a descending triangle breakout.
- The target we are looking for is 10.0340, although there is some strong
support around the June lows at 10.0962 and March lows at 10.0507.
- As we also noted to watch for, the 50-dma has now fallen below the 100-dma.
- For chart see https://tinyurl.com/MNI-EURSEK

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