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USDNOK Short-31.08.2017

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U.S. Dollar/Norwegian Krone (FX:USDNOK)  
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FX:USDNOK   U.S. Dollar/Norwegian Krone
Trend Analysis Chart Patterns USDNOK usdbears nfp
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trendanalysis chartpattern usdnok usdbears nfp
probability of a disappointing NFP is now high after several technical setups. In-fact most USD pairs are pointing to USD weakness. Fundamentally, earnings and jobs for August 2017 is expected to slowdown after that strong July 2017 growth. So, keeping up with the trend means liquidating USD and buying other currency pairs like Yen, Euro and NOK.
NOK and CAD have a positive correlation and right now, it is lagging the Lonnie
Trading will be executed as follows
Sell: 7.776
stop Loss: 7.855
Take Profit: 1:3 risk reward ratio
Dagangan aktif:
Penafian

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