The currency pair is trading in the upper line of the descending price channel. A bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals overboughtness. A breakout of 9.3430 will result in the formation of a descending wave pattern within the overall downtrend.
Trading recommendations:
Sell below 9.3430.
Stop loss: 9.4766.
Target levels: 9.2400; 9.1500.
The USDSEK rate online: monitor the movement of the pair in real time.