Forex Pair: EURCHF Price Chart, Analysis And Trade Signals

EURCHF Technical Analysis: Weekly Chart

In the weekly charts, EURCHF is trading within a downward channel.

It is trading above MA (5) but below MA (20) and MA (50).

The immediate support is at 1.01328 and the resistance level is at 1.03756

EURCHF is trading in a downward channel until there is a trend reversal.

EURCHF Technical Analysis: Daily Chart

In the daily charts, EURCHF is trading in an upward channel.

It is trading above all SMAs: MA (5), MA (20), and MA (50).

The immediate support is at 1.02882 and the resistance level is at 1.03710

EURCHF is trading in an upward channel until there is a trend reversal.

How to trade EURCHF this week:

EURCHF is trading in a downward channel and the following opportunity can be taken if the trend reverses:

TRADE SUGGESTION: BUY AT 1.03790, TAKE PROFIT AT 1.05082 AND STOP LOSS AT 1.02918