Forex Pair: EURNOK Price Chart, Analysis And Trading Tips

Forex Pair: EURNOK Price Chart, Analysis And Trading Tips

forex technical analysis

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 9.6720 & the resistance level is at 9.8923.

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

EURNOK Technical Analysis: Daily Chart

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

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

The immediate support is 9.7409 & the resistance level is 9.8372.

EURNOK was trading in the down channel before the breakout upside. 

How to Trade EURNOK this Week:

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

TRADE SUGGESTION- BUY AT 9.7815, TAKE PROFIT AT 9.8372 AND STOP LOSS AT 9.7409

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