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Some upside momentum

SEK
  • The SEK has fully reversed the weakness post Riksbank's decision.
  • The currency is seeing some upside momentum against the USD and the EUR.
  • The November low in USDSEK is at 10.3043 (according to BGNE), will be seen as support.
  • This was also the lowest print since mid August.
  • EURSEK support is at 10.8118, the very short term 61.8% retrace of the 11th Nov/17th Nov rally.

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