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USDSEK 4 april 2023 on the H4 timeframe, it can be seen that this pair has been moving sideways for a long time between R1 and S1 which ranges between 23.6 and 50.0 Fibo. if referring to stochastic and RSI indicator also sees that this pair has successfully penetrated the 38.2 level towards 50.0 fibo, so go-long position can be an option for scalpers. Keep an eye on a possible reversal when it hits R1. trade with your own risk.
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