EURSEK: WEEKLY SCENARIO – 08 February 2022

Technical Analysis

EURSEK Technical Analysis: Weekly Chart

EURSEK Technical Analysis

In the weekly charts, EURSEK is trading in an up channel.

It is trading above all SMA.

The immediate support is 10.3825 & the resistance level is at 10.4899.

EURSEK is trading in the up channel until there is a trend reversal

EURSEK Technical Analysis: Daily Chart

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

It is trading above all SMA.

The immediate support is 10.3898 & the resistance level is 10.4890.

EURSEK is trading in the up channel until there is a 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 10.4449, TAKE PROFIT AT 10.4890 AND STOP LOSS AT 10.3898

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