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#SaxoStrats - Why I'm shorting EURSEK

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EURSEK is the focus of John Hardy's #SaxoStrats this Friday. Saxo's Head of FX Strategy says the pair has wilted through important local range support and the 200-day moving average and he's looking for a continuation lower. 
The original entry is in the 9.24 - 9.25 area with a stop above 9.2900, which is slightly above the 200-day moving average. The target is the 9.10 - 9.15 area where he's selected an arbitrary 9.12 take profit.