After hitting the lower medium term band for 15 % width of band as permitted by the monetary policy, the Danish central bank and the FED undertake market sterilization to slower the strengthening of DKK in the market to match the economic and financial stability bands. Accordingly, long the market sterilization (short term band) is recommendable to as follows:
Long at 6.32
Stop loss at 6.25
Target T1. 6.54 T2. 6.67
Duration: 1-2 months, may longer subject to sterilization performance
Risk management:
After the USDSEK moves to upward and breaking the 6.40 manage the stop loss to entry rate for risk-free trading position management.
Note:
The performance of this analysis could be followed continuously by clicking the chart then the > to evaluate the correctness of this analysis, to include to update any updates that may be made on this analysis during the long period.
Long at 6.32
Stop loss at 6.25
Target T1. 6.54 T2. 6.67
Duration: 1-2 months, may longer subject to sterilization performance
Risk management:
After the USDSEK moves to upward and breaking the 6.40 manage the stop loss to entry rate for risk-free trading position management.
Note:
The performance of this analysis could be followed continuously by clicking the chart then the > to evaluate the correctness of this analysis, to include to update any updates that may be made on this analysis during the long period.