The couple USDSEK (dollar – Swedish krona) continues with a marked downward trend. This has as basis the value of 5.8165 (which if passed will be established as a new base value of 5.01) and as close to the 6.35 resistance quotes.
So far the interception of moving averages indicates a sell signal if the pair is not in overbought zone but is very close to the oversold RSI as the 41.36 mark.
Meanwhile, the price ranges from the bottom to the middle line of the bollinger bands indicates a high resistance in the order of 6.2789.
At first glance, the pair seem to be forming a bearish channel in the daily chart but it is too early to say for certain as there are only traces.
Volumes remain low operating very similar to those presented during the last months of 2010.
For this week does not expect announcements of great significance to this pair.
