USDSEK Technical Analysis

USDSEK Technical Analysis

USDSEK Technical Analysis: Weekly Chart

USDSEK Technical Analysis

In the weekly charts, USDSEK is trading in an up channel. USDSEK is currently trading above all SMA.

RSI is in over bought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 10.0244 & the resistance level is at 10.6838.

USDSEK will trade in an up channel until there is trend reversal.

USDSEK Technical Analysis: Daily Chart

USDSEK Technical Analysis

In the daily charts, USDSEK is trading in an up channel. USDSEK is currently trading above all SMA.

RSI is in over bought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 10.5416 & the resistance level is at 10.6223.

USDSEK will trade in an up channel until there is trend reversal.  

How to Trade USDSEK this Week:

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

TRADE SUGGESTION- BUY AT 10.5920, TAKE PROFIT AT 10.6223 AND STOP LOSS AT 10.5416

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