The pair USD/SEK is ranging on all major timeframes. We have a Long Term sideways movement since the low of April 2011 with top at June 2012 high.
Medium Term
Also ranging. We are in a sideways movement since the low of February 2013 with top at July 2013 high.
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The price is in a short-term sideways movement. If breaks out the 6,49 level may bounce at lest to the next level 6.60, I think. I'm already in (again :-D ), at 6,48. Will see what happens here,…