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justatrader

Sell EURNOK on retest of bearish flag break out

Short
Euro / Norwegian Krone (FX:EURNOK)  
justatrader  
FX:EURNOK   Euro / Norwegian Krone
2
0
Norges Bank today announced it would start buying NOK starting tomorrow.
Fundamentally weak Euro presents a good short opportunity in EURNOK
Price broke out of the bearish flag, and is currently testing the longer term trend line
Sell on retest of flag break out price or sell rallies from H1 or lower TF, targeting 7.98
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