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forexTrdr
Jan 31, 2019 10:03 AM

short EURNOK on continued poor EUR growth  Short

Euro Fx/Norwegian KroneFXCM

Description

Trade we have had on for a while- continue to like short EURNOK on poor EUR growth and interest rate differentiation vs Norway. Highlighted two declining trendlines as well as Fibonacci support areas that we are currently trading around.

Head and shoulder pattern with right, declining leaning shoulder highlighted by the trendline.
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