USDSEK WEEKLY TECHNICAL ANALYSIS – 24 FEBRUARY 2022

USDSEK WEEKLY TECHNICAL ANALYSIS – 24 FEBRUARY 2022

forex technical analysis

USDSEK Technical Analysis: Weekly Chart

technical analysis of USDSEK
technical analysis of forex

In the weekly charts, USDSEK is trading in an up channel.

It is trading above all SMA.

The immediate support is 9.4477 & the resistance level is at 9.6094.

USDSEK is trading in the up channel until there is a trend reversal

USDSEK Technical Analysis: Daily Chart

Technical analysis of USDSEK
technical analysis of forex

In the daily charts, USDSEK is trading in an up channel.

It is trading above all SMA.

The immediate support is 9.4842 & the resistance level is 9.6094.

USDSEK is trading in the up channel until there is a 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 9.5811, TAKE PROFIT AT 9.6094 AND STOP LOSS AT 9.4842

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