EURSEK Technical Analysis: Weekly Chart
In the weekly charts, EURSEK was trading in a up channel.
It is trading below 20 days SMA & above 50 and 100 days SMA.
The immediate support is 10.2196 & the resistance level is at 10.3877.
EURSEK was trading in the up channel before the breakout downside.
EURSEK Technical Analysis: Daily Chart
In the daily charts, EURSEK is trading in a down channel.
It is trading below 50 and 100 days SMA & above 20 days SMA.
The immediate support is 10.3011 & the resistance level is 10.3601.
EURSEK is trading in the down channel until there is trend reversal.
How to Trade EURSEK this Week:
EURSEK will follow the downtrend until their trend reversal. So, remain bearish on EURSEK.