Kumowizard

Where is the momentum?

Short
FX:EURNOK   Euro / Couronne Norvégienne
While the general setup still has somehow bullish bias, it seems EURNOK is struggling to re-gain a real momentum to the upside. My indicators seem to be topish.
There is also a weak bearish Tenkan/Kijun cross.
Please note how close the 6 years bullish trendline is.
Price is also below weekly Kijun.

Key supports: 9,7150 / 9,63 (+/-)

We open some small short with 9,8425 initial stop. Size up only if price proves and breaks below the key levels.


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.