USD/SEK Analysis, Chart, and Trading Idea

Analytics for USD/SEK Forex pair, based on complex analysis of modified waves, Fibonacci levels and price channels
 

The decending wave structure is truncated. The rounded and important level of 10.3300 keeps sellers aloof. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold situation.
 

Trading idea:

Buy at the formation of the ascending wave structure, when wave (A) breaches the sloping channel of the descending truncated structure. 

Stop Loss: 10.3300

Target price levels: 10.5320; 10.7000