EURNOK: WEEKLY SCENARIO – 10 February 2022

Technical Analysis

EURNOK Technical Analysis: Weekly Chart

EURNOK Technical Analysis

In the weekly charts, EURNOK is trading in a down channel.

It is trading below 50 and 100 days SMA & above 20 days SMA.

The immediate support is 9.9481 & the resistance level is at 10.1497.

EURNOK is trading in the down-channel until there is a trend reversal

EURNOK Technical Analysis: Daily Chart

EURNOK Technical Analysis

In the daily charts, EURNOK is trading in a down channel.

It is trading above all SMA.

The immediate support is 9.8919 & the resistance level is 10.1590.

EURNOK is trading in the down-channel until there is a trend reversal.  

How to Trade EURNOK this Week:

EURNOK will follow the downtrend until their trend reversal. So, remain bearish on EURNOK.

TRADE SUGGESTION- SELL AT 10.0804, TAKE PROFIT AT 9.8919 AND STOP-LOSS AT 10.1590

About Author

Related posts

Leave a Reply