The Swedish krona strengthened against the U.S. dollar in the early European session on Monday.
Against the greenback, the krona rose to more than a 2-month high of 8.3746 from an early low of 8.4050. At last week’s close, the krona was trading at 8.4040 against the greenback.
If the krona extends its uptrend, it is likely to find resistance around the 8.30 area.
The material has been provided by InstaForex Company – www.instaforex.com