Published: 2026-05-15T06:26:25.000Z
Chart EUR/SEK Update: Extending gains from April low
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Sharply higher following break of the 10.9000 level as prices extend bounce from the 10.7500, April low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 11.1000 | ** | figure, Jul low | S1 | 10.9000 | * | congestion | |
| R3 | 11.0850 | * | Sep/Oct highs | S2 | 10.8500 | * | congestion | |
| R2 | 11.0500 | ** | Apr high, congestion | S3 | 10.8000 | * | congestion | |
| R1 | 11.0000 | * | figure | S4 | 10.7500 | ** | congestion, Apr low |
Asterisk denotes strength of level
06:20 GMT - Sharply higher following break of the 10.9000 level as prices extend bounce from the 10.7500, April low. Rally see the 11.0000 figure and the 11.0500 April high now within reach and where reaction can be expected. Break here will further extend gains from the February current year low to retrace losses from the July 2025 high and see potential to resistance at the 11.0850/11.1000 area. Meanwhile, support is raised to the 10.9000 congestion which is expected to underpin and sustain gains from the 10.7500 low of April.