Forex Pair: EURNOK Price Chart, Analysis And Trade Signals

EURNOK Technical Analysis: Weekly Chart

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

It is trading below all SMA.

The immediate support is 9.4400 & the resistance level is at 9.7082.

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

EURNOK Technical Analysis: Daily Chart

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

It is trading below all SMA.

The immediate support is 9.4894 & the resistance level is 9.6500.

EURNOK is trading in the down channel until there is 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 9.5744, TAKE PROFIT AT 9.4894 AND STOP LOSS AT 9.6500