. EURSEK Technical Analysis, Forecast and Trade Signals

EURSEK Technical Analysis, Forecast and Trade Signals

08 Jun 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 selling zone which indicates bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 10.4079 & the resistance level is at 10.5493.

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

EURSEK Technical Analysis: Daily Chart

In the daily charts, EURSEK is trading in a down channel. EURSEK is currently trading above 50 and 100 days SMA & below 20 days SMA.

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

Its immediate support is 10.4620 & the resistance level is at 10.5170.

EURSEK will trade in the down 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 10.4944, TAKE PROFIT AT 10.5170 AND STOP LOSS AT 10.4620