• Riksbank’s Jansson was speaking at a trade union confederation, says expects economic activity, productivity and inflation to develop normally
  • Jansson says would like to see crown strengthen slowly ahead and stands ready to act between meetings
  • EUR/SEK daily price action has dipped below the cloud, price was rejected at 9.3570, Stochs show bearish crossover, but remain at oversold indicating caution
  • EUR/SEK is currently trading at 9.3196, showing considerable resilience despite intervention talk by the c.banker
  • Immediate resistance is seen at 9.3353 (4h Tenkan), while support on the downside is seen at 9.3088 (July 15 lows)

Resistance Levels:R1: 9.3250 (Daily Low Sep 14)R2: 9.3353 (4h Tenkan)R3: 9.3800 (200-Day MA)Support Levels:S1: 9.3088 (July 15 lows)S2: 9.2750 (Daily Low Jul 16)S3: 9.1970 (Daily Low Jun 23)

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