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chastic
Mar 17, 2017 1:57 PM

EU Losing Momentum Short

Euro Fx/Norwegian KroneFXCM

Description

EU have had a good run lately, but it seems over, for now at least. EURNOK is a bit special to me. Won a lot, lost a bit, yet, I keep fixating on it because of the large swings and very clear formations it makes. Finally it has come to a point when it is either breaking out short or consolidating. Looking at the past six days, it couldn't make new tops, it's sliding downwards. To add on that, short-term MACD, RSI and mid-term Stochastic seems to agree on most charts, that it's going downwards.
Comments
DomininkasBa
Hi. What do you think in 2 moths we will reach 8,80?
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