Forex: EUR/SEK around 8.5950 after Sweden data

FXstreet.com (Barcelona) - The Swedish krona continues appreciating against the single currency on Wednesday, after the consumer confidence in the Scandinavian economy improved to -2.9 in January vs. -12.2 previous, albeit still within the negative territory. In another direction, the business confidence contracted further to -18 from -15

As of writing, the pair is down 0.03% at 8.5951 facing the next support at the psychological level at 8.5900 while a breakout of 8.6570 (MA14d) would clear the way to 8.7183 (Upper Bollinger) and then 8.7190 (high Jan.21).