Possible HS-formation in EURNOK

FX:EURNOK   Euro / Norwegian Krone
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EURNOK             has a possible HS-formation. Only a break and close below 8.40 will confirm this possible trade-idea. Resistance is around 8.50. Objective pricetarget if we get a break of 8.40 will be 8.15, while a stop loss should be executed if we close above 8.50.

Furthermore, we are currently testing the positive trend since last bottom at 8.10 (4H chart). Will be interesting upcoming days!

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