Forex: EUR/SEK remains flat around 8.5760 after data

FXstreet.com (Barcelona) - The Swedish krona posted no reaction after mixed data out of the inflation figures and the industrial production in the Scandinavian economy. In fact, the CPI rose 0.3% MoM and contracted 0.1% on a yearly basis during December. The manufacturing sector is extending its negative momentum after contracting 1.3% MoM and 4.3% YoY.

As of writing the cross is posting meagre gains at 8.5731 or 0.01% facing the next resistance at 8.6060 (high Dec.31) ahead of 8.6320 (MA30d) and finally 8.6510 (high Dec.24).
On the downside, a breach of 8.5070 (Lower Bollinger) would aim towards 8.5060 (low Jan.4) and then 8.5000 (low Nov.8).