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Posted by
Two Blokes Jul 14 -
Filed in
Forex
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EUR/SEK has rebounded steadily after testing key support at the lower boundary of its long-term channel and is now approaching the crucial 200-day moving average. A defense of the 11.02 level could pave the way for further gains toward 11.37 and potentially the upper channel band at 11.48/11.52, Societe Generale's FX analysts report.