EURNZD: WEEKLY SCENARIO

Technical Analysis

EURNZD Technical Analysis: Weekly Chart

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

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

The immediate support is 1.6905 & the resistance level is at 1.7121.

EURNZD is trading in the down channel until there is a trend reversal

EURNZD Technical Analysis: Daily Chart

In the daily charts, EURNZD is trading in an up channel.

It is trading above all SMA.

The immediate support is 1.6979 & the resistance level is 1.7064.

EURNZD is trading in the up channel until there is a trend reversal. 

How to Trade EURNZD this Week:

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

TRADE SUGGESTION- BUY AT 1.7012, TAKE PROFIT AT 1.7064 AND STOP LOSS AT 1.6979

About Author

Related posts

NZDUSD Technical Analysis

Get Currency Pair NZDUSD Technical Analysis Chart and Market Updates

NZDUSD Technical Analysis: Weekly Chart In the weekly charts, NZDUSD was trading in a down channel. NZDUSD is currently trading below all SMA. RSI is in the selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness. Its immediate support is 0.6387 & the resistance level...

Read More
EURNOK Technical Analysis

Get Currency Pair EURNOK Technical Analysis Chart and Market Updates

EURNOK Technical Analysis: Weekly Chart In the weekly charts, EURNOK was trading in a down channel. EURNOK is currently trading above all SMA. RSI is in the buying zone which indicates bullishness. MACD is currently below zero which indicates bearishness. Its immediate support is 10.2136 & the resistance level...

Read More

Leave a Reply