. EUR/SEK Technical Analysis and Investing Tips For EUR/SEK

EUR/SEK Technical Analysis and Investing Tips For EUR/SEK

07 Jul 2022

EURSEK Technical Analysis: Weekly Chart

In the weekly charts, EURSEK is trading in an up channel. EURSEK is currently trading above all SMA.

RSI is in over bought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 10.5513 & the resistance level is at 10.8492.

EURSEK will trade in an up channel until there is trend reversal.

EURSEK Technical Analysis: Daily Chart

In the daily charts, EURSEK is trading in an up channel. EURSEK is currently trading above all SMA.

RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 10.6986 & the resistance level is at 10.7446.

EURSEK will trade in an up channel until there is trend reversal. 

How to Trade EURSEK this Week:

EURSEK will follow the uptrend until their trend reversal. So, remain bullish on EURSEK.

TRADE SUGGESTION- BUY AT 10.7190, TAKE PROFIT AT 10.7446 AND STOP LOSS AT 10.6986