The USDSEk is testing the head and shoulders neckline.

The USDSEK is in a bearish head and shoulders pattern which should eventually target the 9.0100 level. If you are a USD bear, this is a good setup from a risk/reward point of view. We have tested the underside of the broken trend line and could be set up to resume the downtrend as long as the 9.5200 level is not broken. Stops may be put just above the 200dma to reduce risk.

Steve Voulgaridis