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InvestingScope

1W Channel Down. Long-term short.

Short
Euro / Norwegian Krone (FX:EURNOK)  
InvestingScope  
FX:EURNOK   Euro / Norwegian Krone
Trend Analysis Chart Patterns Technical Indicators EURNOK EUR NOK euro norwegiankrone Forex Currencies currency
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trendanalysis chartpattern indicator eurnok eur nok euro norwegiankrone forex currencies currency
EURNOK has just posted a Lower High on the long term 1W Channel Down (RSI = 48.488, MACD = -0.015, ROC = -1.366). 9.500 is an important 1D support level and will be tested shortly to confirm the new bearish leg on 1D (now on neutral RSI, Highs/Lows). We are taking this opportunity to open a medium term short with TP = 9.38806.
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