EURCHF Technical Analysis, Trade Signals and Tips
03 Jun 2022
EURCHF Technical Analysis: Weekly Chart
In the weekly charts, EURCHF is trading in an upward channel.
It is trading below all SMAs: MA (20), MA (50), and MA (100).
RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.
The immediate support is at 1.01764 and the resistance level is at 1.04742
EURCHF is trading in an upward channel until there is a trend reversal.
EURCHF Technical Analysis: Daily Chart
In the daily charts, EURCHF is trading within a rectangle.
It is trading below all SMAs: MA (20), MA (50), and MA (100).
RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.
The immediate support is at 1.02272 and the resistance level is at 1.03508
EURCHF is trading within a rectangle until there is a breakout or a breakdown.
How to trade EURCHF this week:
EURCHF is trading in an upward channel until there is a trend reversal and the following opportunity can be taken: