Kumowizard

EURNOK - Mixed a bit, but bullish momentum drops

FX:EURNOK   Euro Fx/Norwegian Krone
47 0 3
Weekly: Attention!

- Ichimoku setup is bearish , with supports at 8,80+ and 9,00
- Heikin Ashi already signalled loss of momentum last week: inside candle body with no higher high and both candle high and close below the weekly Kijun Sen. We may have further sideaway or a bearish resumption this week, watch if haDelta comes back below zero.

Daily:
- Ichimoku is rather bullish on the daily, but Price failed to move above 8,80-8,84 resistance. Bullish bias dropped.
- Heikin Ashi signal has been mixed fir a while.

Price may drift lower towards 8,60 (weekly Tenkan Sen and Daily Kumo). For real bearish reversal 8,60 has to be broken first, but the real long term trend support is ard             8,40-8,45.
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