The EUR/SEK has been trading in years-long range. It briefly ventured outside of the bounds of this range immediately after the mayhem post-Trump election. This period is marked with a large rectangle. Soon after sanity returned, as can be seen on our first chart below.
The second picture shows a more recent snapshot from the latest month. We opened at 9.5573, then rallied to a high of 9.6295 only to get sold into a low of 9.4560 just few days later. From here however we got yet another mean-rev…
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