Kumowizard
Short

EURNOK - Update / Reached lower resistance again

FX:EURNOK   Euro Fx/Norwegian Krone
35 0 2
Weekly:
- Ichimoku setup is neutral/weak bearish
- Heikin Ashi candle turns red again, weekly haDelta/SMA3 crosses down. We should see bigger candle body and on back of that haDelta to go deeper below zero line for more bearish action
- 8,35-8,45 weekly support zone is in focus now

Daily:
- Slowly drifed lower after the spike to Kumo. Ichimoku setup is about to turn stronger bearish: possible strong bearish Tenkan/Kijun cross is forming, Chikou Span may give a strong bearish cross below past candles as well.
For more bearish acceleration Price should finally break the 8,53-8,57 resistance zone
- Heikin Ashi setup suggests more bearish action ahead: candles are red with no upper wicks, haDelta/SMA3 has a chance to make a bearish cross again below zero line, which would be a stronger confirmation.

The key lvl             in short term is 8,53! If it breaks, it will drop quickly, if it holds, we see more sideaway consolidation in 8,55 - 8,75 range.
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