#EURNOK Bearish Kumo breakout confirmed by Chikou Span

Bearish momentum may accelerate finally. Of course a lot depends on OPEC meeting. Obviously a cut in Oil production would cause spike in Brent price and would make NOK even more attractive.

Daily update:
- Price below Kumo Tenkan and Kijun (bearish)
- Tenkan/Kijun is strong bearsih
- Chikou Span bearish cross below past Kumo -> validation of bearish Kumo breakout
- Heikin Ashi is bearish, haDelta/SMA3 cross down below zero line
- EWO is bearish

Targets (in line with weekly supp/resistance levels): 9,00 or 8,80

Strategy: Hold shorts.