pablo82

WEEKLY FORECAST - MEDIUM TERM

Short
pablo82 Updated   
FX_IDC:CHFNOK   SWISS FRANC / NORWEGIAN KRONE
Recent price behaviour indicates we have had end of long consolidation after last impulse to downside and we are heading south with big momentum.

Any pullbacks should be used as a good sell opportunities as target for next impulse is big.

cross market analysis shows weaknes of swiss frank and strenght of norwegian korone across all major currencies.

Therefore alll above leads me to conclusion it can be fantastic trade for coming weeks despite of deep movement done on this pair already.

Comment:
Comment:
End of smaller degree correction and continuation of the downtrend.
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