Currency pair CADSEK represents the exotic financial instrument which shows a ratio of the Canadian dollar and Swedish krona. In the CADSEK pair the Canadian dollar represents base currency, and Swedish krona — quoted. The CADSEK quotes show how many Swedish krona it is necessary to spend for the purchase of one Canadian dollar.
The pair has succesfully penetrated it's medium term valid uptrend line and is heading towards it's 61.8 fibo retracement at 6.23 levels. short positions should be opened with take profit at 6.2345 and stop loss at 7.0040.