Value in FX - $USDSEK, is there any right now?

Been watching the FX markets a bit closer lately, especially some of the crosses that people usually ignore until there's a crisis. The $USDSEK pair is one that keeps coming up on my scanners for interesting activity, or lack thereof depending on how you look at it. Currently trading around 9.75213, with a daily high just under 9.76. It's up a bit today, but the bigger picture for me feels like it's just stuck in this higher range without any real conviction. We've seen it push above 10 recently, but then it just slumps back. For all the talk about rate differentials and whatever else, I'm finding it hard to see any real value play here. It just feels like a range-bound mess, perhaps indicative of broader uncertainty rather than a strong directional trade.

Am I missing something fundamental here, or is this just another pair for short-term noise traders? Anyone actually seeing a strong thesis for either long or short term holds on $USDSEK at these levels? Push back on this, I'm genuinely curious.