EURNOK - 240 - Wait until it gets out

Trade idea

EURNOK is now stuck between the levels (highlighted), so we have to wait until the pair breaks through one of them, before we could examine a further directional move. Of course, currently, the most likely scenario seems to be a more negative one, but until that key support at 0.6475 is broken, we cannot aim for further declines.

Please see the chart for levels and targets.

Don't forget your stop-loss.
Chart PatternsTrend Analysis

Disclaimer