EUR/NOK Short term outlook

FX:EURNOK   Euro / Norwegian Krone
We see that EUR/NOK is on a downtrend on the 4H chart. The price has just bounced of the Cloud and the Kiju-sen also the Chikou Span is just below price which confirms the downtrend.

Entry: 8.620@
Stop: 8.65954
Target: 8.54344


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