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USDSEK - Testing recent highs, looking at 9.60 next
Watching $USDSEK closely here. We're currently trading around 9.563, just tickling the day's high of 9.56352. The recent move has been strong, bouncing from the 9.556 low quite decisively.
My take is there's a good 65-70% chance we see a test of 9.60 before month-end, given the current momentum and the broader DXY strength. The resistance around 9.58-9.59 has held firm for a bit, but the sustained pressure, even on thinner summer volumes, suggests it's more likely to break this time around. A clear breach of 9.57 on decent volume would confirm this scenario for me. A retrace below 9.55 would invalidate this near-term bullish outlook.
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