08 Apr
EURCHF Technical Analysis: Weekly Chart
In the weekly charts, EURCHF is trading in a downward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 1.00220 and the resistance level is at 1.03268
EURCHF is trading in a downward channel until there is a trend reversal.
EURCHF Technical Analysis: Daily Chart
In the daily charts, EURCHF is trading in a downward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 1.01162 and the resistance level is at 1.02048
EURCHF is trading in a downward channel until there is a trend reversal.
How to trade EURCHF this week:
EURCHF is trading in a downward channel until there is a trend reversal. However, if the price breaks below the downward channel, the following opportunity can be taken:
