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USD/SEK buyers stood their ground

The recent USD/SEK decline has pushed the daily MACD line below zero.

Momentum traders following this technical signal will now more confident that serious inroads to the USD/SEK downside can be achieved. Long-term sellers should find comfort in the fact that this signal hasn't occurred for more than three weeks on the daily charts.

Market wrap for Friday's US session: USD index weaker - Westpac

Amalysts at Westpac offered a market wrap for Friday's US session. Key Quotes:
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