Published: 2025-10-28T07:36:18.000Z
Chart EUR/SEK Update: Consolidating above 10.9000, room for lower
2
Turned up from the 10.8750 low consolidate losses from resistance at 11.1000 congestion and July low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
| R4 | 11.2000 | ** | congestion | S1 | 10.9000 | * | congestion | |
| R3 | 11.1300 | congestion | S2 | 10.8750 | * | 24 Oct low | ||
| R2 | 11.1000 | * | Jul low | S3 | 10.8000 | ** | May low | |
| R1 | 11.0000 | * | congestion | S4 | 10.7000 | * | congestion |
Asterisk denotes strength of level
07:30 GMT - Limited on break of the 10.9000 level as prices turned up from the 10.8750 low consolidate losses from below the 11.1000 congestion and July low. Bounce above the 10.9000 level see prices unwinding oversold intraday and daily studies but corrective gains are expected to give way to renewed selling pressure later. Below the 10.8750 low will see room for deeper pullback to 10.8000, May low. Meanwhile, resistance at the 11.0000 congestion expected to cap and sustain losses from the 11.1000 congestion.