- Long Term 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 2013 high. - Medium Term Also ranging. We are in a sideways movement since the low of February 2013 with top at July 2013 high. - Short term Since November 2013 high we can see a down channel on this timeframe. The current low of this trend is at the support zone 6,47. Today price tryied to break up the down channel but didnt work out. - so, I shorted it, lets see if the short term downtrend continues.


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