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      EUR/SEK mid-term buyers gaining momentum

      On the 4H EUR/SEK chart, the MACD has moved above zero denoting an uptrend.

      Such a momentum indication, unseen for at least for more that a week, indicates that key price breaks are on the horizon. Likely, momentum traders who had been waiting for this technical signal will likely try to push EUR/SEK higher.

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      European Monetary Union Consumer Confidence came in at -7.1, below expectations (-7) in September

      European Monetary Union Consumer Confidence came in at -7.1, below expectations (-7) in September
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