Kumowizard
Short

#EURNOK Bearish Kumo breakout confirmed by Chikou Span

FX:EURNOK   Euro Fx/Norwegian Krone
71 0 3
Bearish momentum may accelerate finally. Of course a lot depends on OPEC meeting. Obviously a cut in Oil             production would cause spike in Brent price and would make NOK             even more attractive.

Daily update:
- Price below Kumo Tenkan and Kijun ( bearish )
- Tenkan/Kijun is strong bearsih
- Chikou Span bearish cross below past Kumo -> validation of bearish Kumo breakout
- Heikin Ashi is bearish , haDelta/SMA3 cross down below zero line
- EWO             is bearish

Targets (in line with weekly supp/resistance levels): 9,00 or 8,80

Strategy: Hold shorts.

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