EURCHF Price Chart, Forecast And Analysis
15 Apr 2022
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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 1.00224 and the resistance level is at 1.02974
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 above MA (5) but below MA (20) and MA (50).
The immediate support is 1.01370 and the resistance level is at 1.02416
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, the following opportunity can be taken if the price breaks down further: