Published: 2025-12-19T06:28:43.000Z
Chart EUR/SEK Update: Room to extend pullback from 10.9500 corrective high
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Corrective bounce from the 10.8000 support has met with fresh selling pressure at the 10.9500 congestive resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 11.0850/00 | ** | Sep/Oct highs, congestion | S1 | 10.8500 | congestion | ||
| R3 | 11.0500 | * | congestion | S2 | 10.8000 | ** | congestion, 11 Dec low | |
| R2 | 11.0000 | * | congestion | S3 | 10.7000 | * | congestion | |
| R1 | 10.9500 | * | 11 Dec high, congestion | S4 | 10.6625 | ** | 3 Apr YTD low |
Asterisk denotes strength of level
06:20 GMT - Corrective bounce from the 10.8000 support has met with fresh selling pressure at the 10.9500 congestive resistance and extend bearish pressure from the July prices. Potential is seen for retest of the 10.8000 support and where break will see room for extension to 10.7000 level then the 10.6625, April current year low. Meanwhile, resistance at the 10.9500 bounce high is expected to cap. Would take break here to clear the way for stronger bounce to the 11.0000 level then the 11.0500/11.0850 congestion and September/October highs.